Forex Trend Analysis Report
Prepared for you on Saturday, September 24, 2022.
Guinea Franc/British Pound (FOREX:GNFGBP)
Countertrend Up (+85) - GNFGBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
MarketClub’s Trade Triangles for GNFGBP
The long-term trend has been UP since Apr 6th, 2021 at 0.00007252
The intermediate-term trend has been UP since Aug 16th, 2022 at 0.00009568
The short-term trend has been UP since Sep 24th, 2022 at 0.00010135
Smart Scan Analysis for GNFGBP
Based on our trend formula, GNFGBP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).