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Forex Trend Analysis Report

Prepared for you on Thursday, January 20, 2022.

Guinea Franc/US Dollar (FOREX:GNFUSD)

Countertrend Up (+85) - GNFUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
0.00011054 0.00011054 0.00011054 0.00011054 0.00000000
Entry Signal

MarketClub’s Trade Triangles for GNFUSD

long term up The long-term trend has been UP since Apr 1st, 2021 at 0.00009990

intermediate term up The intermediate-term trend has been UP since Oct 10th, 2021 at 0.00010250

short term up The short-term trend has been UP since Dec 12th, 2021 at 0.00010524

Smart Scan Analysis for GNFUSD

Based on our trend formula, GNFUSD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for GNFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00011054 0.00011054 0.00011054 0.00011054 0.00000000
Prev. Close Volume Bid Ask Time
0.00011054 2022-01-14 07:15:03
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