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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

Guinea Franc/British Pound (FOREX:GNFGBP)

Bull Market Weakness (+75) - GNFGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GNFGBP as it may be in the beginning stages of a reversal.

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
0.00007538 0.00007539 0.00007538 0.00007539 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 up The intermediate-term trend has been UP since Sep 21st, 2021 at 0.00007428

short term up The short-term trend has been UP since Sep 13th, 2021 at 0.00007408

Smart Scan Analysis for GNFGBP

Based on our trend formula, GNFGBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for GNFGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00007538 0.00007539 0.00007538 0.00007539 0.00000000
Prev. Close Volume Bid Ask Time
0.00007487 2021-10-12 21:08:36
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