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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Guinea Franc/British Pound (FOREX:GNFGBP)

Sidelines Mode (+55) - GNFGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.00008554 0.00008554 0.00008554 0.00008554 0.00000000
Entry Signal

MarketClub’s Trade Triangles for GNFGBP

long term up The long-term trend has been UP since Mar 2nd, 2020 at 0.00008156

intermediate term up The intermediate-term trend has been UP since May 6th, 2020 at 0.00008470

short term down The short-term trend has been DOWN since May 21st, 2020 at 0.00008684

Smart Scan Analysis for GNFGBP

Based on our trend formula, GNFGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for GNFGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00008554 0.00008554 0.00008554 0.00008554 0.00000000
Prev. Close Volume Bid Ask Time
0.00008471 0.00008481 0.00008628 2020-05-21 07:16:18
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