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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.

FOREX_GNFGBP
Open High Low GNFGBP Price Change
0.00006974 0.00006974 0.00006974 0.00006974 0.00000000
Entry Signal

MarketClub’s Trade Triangles for GNFGBP

long term down The long-term trend has been DOWN since Jul 10th, 2020 at 0.00008253

intermediate term down The intermediate-term trend has been DOWN since Oct 21st, 2020 at 0.00007822

short term down 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).

-100
Smart Scan Analysis for GNFGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00006974 0.00006974 0.00006974 0.00006974 0.00000000
Prev. Close Volume Bid Ask Time
0.00006974 2021-02-24 07:23:15
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