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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.

FOREX_GNFUSD
Open High Low GNFUSD Price Change
0.00011634 0.00011634 0.00011626 0.00011626 0.00000000
Entry Signal

MarketClub’s Trade Triangles for GNFUSD

long term up The long-term trend has been UP since Jun 1st, 2023 at 0.00011677

intermediate term down The intermediate-term trend has been DOWN since Dec 8th, 2023 at 0.00011632

short term down 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).

-70
Smart Scan Analysis for GNFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00011634 0.00011634 0.00011626 0.00011626 0.00000000
Prev. Close Volume Bid Ask Time
0.00011626 2023-12-08 20:32:21
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