Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
US Dollar/Guinea Franc (FOREX:USDGNF)
Weak Downtrend (-65) - USDGNF is showing signs of a strengthening downtrend. Monitor USDGNF as it may be building momentum to the downside.
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 Jun 3rd, 2024 at 8550.319
The intermediate-term trend has been DOWN since Jul 17th, 2024 at 8570.500
The short-term trend has been UP since Jul 23rd, 2024 at 8613.072
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
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8617.164 | 8617.164 | 8617.164 | 8617.164 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8617.164 | 2024-07-26 07:26:06 |
Get a free daily analysis and signals for US Dollar/Guinea Franc (USDGNF) - Request Your Free Report.