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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Guinea Franc/US Dollar (FOREX:GNFUSD)
Crossroads (-60) - GNFUSD is struggling to move into a solid trend. Beware of choppy markets 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 DOWN since Apr 10th, 2024 at 0.00011601
The intermediate-term trend has been UP since Apr 23rd, 2024 at 0.00011669
The short-term trend has been UP since Apr 23rd, 2024 at 0.00011644
Smart Scan Analysis for GNFUSD
Based on our trend formula, GNFUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00011648 | 0.00011694 | 0.00011648 | 0.00011694 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00011647 | 2024-04-23 21:01:43 |