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.
MarketClub’s Trade Triangles for GNFGBP
The long-term trend has been UP since Apr 6th, 2021 at 0.00007252
The intermediate-term trend has been DOWN since Apr 18th, 2021 at 0.00007233
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).