Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
US Dollar/Guinea Franc (FOREX:USDGNF)
Bear Market Rally (-75) - USDGNF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on USDGNF as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid USDGNF?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDGNF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for USDGNF
The long-term trend has been DOWN since Feb 3rd, 2025 at 8587.736
The intermediate-term trend has been UP since Mar 18th, 2025 at 8659.642
The short-term trend has been DOWN since May 5th, 2025 at 8655.000
Smart Scan Analysis for USDGNF
Based on our trend formula, USDGNF is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8660.538 | 8660.538 | 8660.538 | 8660.538 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8651.170 | 2025-05-07 07:25:21 |