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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
US Dollar/Guinea Franc (FOREX:USDGNF)
Long-Term Downtrend (-90) - USDGNF is in a strong downtrend that is likely to continue. While USDGNF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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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 DOWN since Feb 3rd, 2025 at 8628.557
The short-term trend has been DOWN since Feb 20th, 2025 at 8650.884
Smart Scan Analysis for USDGNF
Based on our trend formula, USDGNF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8655.50 | 8655.50 | 8606.97 | 8606.97 | -48.53 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8649.37 | 2025-02-20 21:00:25 |