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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Guinea Franc/US Dollar (FOREX:GNFUSD)
Long-Term Downtrend (-90) - GNFUSD is in a strong downtrend that is likely to continue. While GNFUSD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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.
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MarketClub’s Trade Triangles for GNFUSD
The long-term trend has been DOWN since Jun 9th, 2024 at 0.00011507
The intermediate-term trend has been DOWN since Jul 15th, 2024 at 0.00011604
The short-term trend has been DOWN since Jul 24th, 2024 at 0.00011611
Smart Scan Analysis for GNFUSD
Based on our trend formula, GNFUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00011606 | 0.00011606 | 0.00011606 | 0.00011606 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00011606 | 2024-07-26 07:26:06 |