Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Guinea Franc/British Pound (FOREX:GNFGBP)
Strong Downtrend (-100) - GNFGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 DOWN since Jul 10th, 2020 at 0.00008253
The intermediate-term trend has been DOWN since Oct 21st, 2020 at 0.00007822
The short-term trend has been DOWN since Feb 23rd, 2021 at 0.00007009
Smart Scan Analysis for GNFGBP
Based on our trend formula, GNFGBP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).