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Forex Trend Analysis Report

Prepared for you on Tuesday, June 25, 2024.

Guinea Franc/US Dollar (FOREX:GNFUSD)

Strong Downtrend (-100) - GNFUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GNFUSD continues to fall. 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.

FOREX_GNFUSD
Open High Low GNFUSD Price Change
0.00011613 0.00011613 0.00011613 0.00011613 0.00000000
Entry Signal

MarketClub’s Trade Triangles for GNFUSD

long term down The long-term trend has been DOWN since Jun 9th, 2024 at 0.00011507

intermediate term down The intermediate-term trend has been DOWN since Jun 6th, 2024 at 0.00011623

short term down The short-term trend has been DOWN since Jun 19th, 2024 at 0.00011619

Smart Scan Analysis for GNFUSD

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

-100
Smart Scan Analysis for GNFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00011613 0.00011613 0.00011613 0.00011613 0.00000000
Prev. Close Volume Bid Ask Time
0.00011613 2024-06-25 07:26:20
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