Forex Trend Analysis Report
Prepared for you on Sunday, December 10, 2023.
Guinea Franc/US Dollar (FOREX:GNFUSD)
Weak Downtrend (-65) - GNFUSD is showing signs of a strengthening downtrend. Monitor GNFUSD as it may be building momentum to the downside.
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 UP since Jun 1st, 2023 at 0.00011677
The intermediate-term trend has been DOWN since Dec 8th, 2023 at 0.00011632
The short-term trend has been DOWN since Dec 1st, 2023 at 0.00011647
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).