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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Guinea Franc/US Dollar (FOREX:GNFUSD)

Sidelines Mode (+55) - GNFUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.00010463 0.00010463 0.00010463 0.00010463 0.00000000
Entry Signal

MarketClub’s Trade Triangles for GNFUSD

long term up The long-term trend has been UP since May 6th, 2020 at 0.00010595

intermediate term up The intermediate-term trend has been UP since May 6th, 2020 at 0.00010545

short term down The short-term trend has been DOWN since May 21st, 2020 at 0.00010617

Smart Scan Analysis for GNFUSD

Based on our trend formula, GNFUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for GNFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00010463 0.00010463 0.00010463 0.00010463 0.00000000
Prev. Close Volume Bid Ask Time
0.00010462 0.00010373 0.00010552 2020-05-21 07:16:18
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