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Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Guinea Franc/US Dollar (FOREX:GNFUSD)
Sidelines Mode (+55) - GNFUSD 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 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.
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MarketClub’s Trade Triangles for GNFUSD
The long-term trend has been UP since May 6th, 2020 at 0.00010595
The intermediate-term trend has been UP since May 6th, 2020 at 0.00010545
The short-term trend has been DOWN since May 21st, 2020 at 0.00010617
Smart Scan Analysis for GNFUSD
Based on our trend formula, GNFUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00010463 | 0.00010463 | 0.00010463 | 0.00010463 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00010462 | 0.00010373 | 0.00010552 | 2020-05-21 07:16:18 |