Forex Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
Guinea Franc/British Pound (FOREX:GNFGBP)
Long-Term Downtrend (-90) - GNFGBP is in a strong downtrend that is likely to continue. While GNFGBP 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 GNFGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for GNFGBP.
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 GNFGBP
The long-term trend has been DOWN since Dec 1st, 2023 at 0.00009212
The intermediate-term trend has been DOWN since Feb 26th, 2024 at 0.00009175
The short-term trend has been DOWN since Mar 13th, 2024 at 0.00009165
Smart Scan Analysis for GNFGBP
Based on our trend formula, GNFGBP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.00009131 | 0.00009131 | 0.00009116 | 0.00009116 | 0.00000000 |
Prev. Close | Volume | Bid | Ask | Time |
0.00009170 | 2024-03-18 15:33:34 |