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Forex Trend Analysis Report

Prepared for you on Wednesday, January 29, 2020.

Guinea Franc/US Dollar (FOREX:GNFUSD)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_GNFUSD
Open High Low GNFUSD Price Change
0.00010491 0.00010491 0.00010491 0.00010491 0.00000000
Entry Signal

MarketClub’s Trade Triangles for GNFUSD

long term down The long term trend has been DOWN since Nov 13th, 2019 at 0.00010759

intermediate term up The intermediate term trend has been UP since Dec 16th, 2019 at 0.00010512

short term up The short term trend has been UP since Jan 28th, 2020 at 0.00010488

Smart Scan Analysis for GNFUSD

Based on a pre-defined weighted trend formula for chart analysis, GNFUSD scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for GNFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00010491 0.00010491 0.00010491 0.00010491 0.00000000
Prev. Close Volume Bid Ask Time
0.00010491 0.00010401 0.00010581 2020-01-28 21:00:55
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