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Forex Trend Analysis Report

Prepared for you on Thursday, May 6, 2021.

Guinea Franc/British Pound (FOREX:GNFGBP)

Crossroads (-60) - GNFGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid GNFGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for GNFGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GNFGBP
Open High Low GNFGBP Price Change
0.00007279 0.00007279 0.00007279 0.00007279 0.00000000
Entry Signal

MarketClub’s Trade Triangles for GNFGBP

long term up The long-term trend has been UP since Apr 6th, 2021 at 0.00007252

intermediate term down The intermediate-term trend has been DOWN since Apr 18th, 2021 at 0.00007233

short term down The short-term trend has been DOWN since Apr 6th, 2021 at 0.00007241

Smart Scan Analysis for GNFGBP

Based on our trend formula, GNFGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for GNFGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00007279 0.00007279 0.00007279 0.00007279 0.00000000
Prev. Close Volume Bid Ask Time
0.00007279 2021-05-06 07:26:08
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