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.
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 UP since Sep 21st, 2021 at 0.00007428
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).