Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
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
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 DOWN since Oct 17th, 2019 at 0.00008600
The intermediate-term trend has been UP since Jan 20th, 2020 at 0.00008030
The short-term trend has been UP since Feb 4th, 2020 at 0.00008043
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).