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Forex Trend Analysis Report

Prepared for you on Monday, March 27, 2023.

Guinea Franc/US Dollar (FOREX:GNFUSD)

Countertrend Down (-85) - GNFUSD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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.

FOREX_GNFUSD
Open High Low GNFUSD Price Change
0.00011613 0.00011613 0.00011613 0.00011613 0.00000000
Entry Signal

MarketClub’s Trade Triangles for GNFUSD

long term down The long-term trend has been DOWN since Mar 2nd, 2023 at 0.00011598

intermediate term down The intermediate-term trend has been DOWN since Feb 20th, 2023 at 0.00011612

short term up The short-term trend has been UP since Mar 9th, 2023 at 0.00011620

Smart Scan Analysis for GNFUSD

Based on our trend formula, GNFUSD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for GNFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00011613 0.00011613 0.00011613 0.00011613 0.00000000
Prev. Close Volume Bid Ask Time
0.00011613 2023-03-24 08:27:40
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