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Forex Trend Analysis Report

Prepared for you on Monday, November 30, 2020.

Guinea Franc/US Dollar (FOREX:GNFUSD)

Bear Market Rally (-75) - GNFUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GNFUSD as it may be in the beginning of a reversal.

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
0.0001021 0.0001021 0.0001021 0.0001021 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GNFUSD

long term down The long-term trend has been DOWN since Jun 17th, 2020 at 0.00010421

intermediate term down The intermediate-term trend has been DOWN since Nov 18th, 2020 at 0.00010166

short term up The short-term trend has been UP since Nov 25th, 2020 at 0.00010186

Smart Scan Analysis for GNFUSD

Based on our trend formula, GNFUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for GNFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0001021 0.0001021 0.0001021 0.0001021 0.0000000
Prev. Close Volume Bid Ask Time
0.0001021 2020-11-25 21:00:36
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