Forex Trend Analysis Report
Prepared for you on Saturday, February 27, 2021.
Guinea Franc/US Dollar (FOREX:GNFUSD)
Bull Market Weakness (+75) - GNFUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GNFUSD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid GNFUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GNFUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GNFUSD
The long-term trend has been DOWN since Jun 17th, 2020 at 0.00010421
The intermediate-term trend has been UP since Feb 7th, 2021 at 0.00009755
The short-term trend has been UP since Feb 14th, 2021 at 0.00009727
Smart Scan Analysis for GNFUSD
Based on our trend formula, GNFUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).