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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

US Dollar/Guinea Franc (FOREX:USDGNF)

Weak Uptrend (+65) - USDGNF is showing signs of weakening momentum to the upside. Monitor USDGNF as it may be in the beginning stages 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.

FOREX_USDGNF
Open High Low USDGNF Price Change
8628.92 8628.92 8628.92 8628.92 0.00
Entry Signal

MarketClub’s Trade Triangles for USDGNF

long term up The long-term trend has been UP since Dec 18th, 2024 at 8671.912

intermediate term up The intermediate-term trend has been UP since Dec 9th, 2024 at 8631.000

short term down The short-term trend has been DOWN since Dec 25th, 2024 at 8630.626

Smart Scan Analysis for USDGNF

Based on our trend formula, USDGNF is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for USDGNF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8628.92 8628.92 8628.92 8628.92 0.00
Prev. Close Volume Bid Ask Time
8628.92 2024-12-25 04:48:05
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