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.
MarketClub’s Trade Triangles for GNFUSD
The long-term trend has been DOWN since Mar 2nd, 2023 at 0.00011598
The intermediate-term trend has been DOWN since Feb 20th, 2023 at 0.00011612
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).