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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Guinea Franc/US Dollar (FOREX:GNFUSD)
Countertrend Down (-85) - GNFUSD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid GNFUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GNFUSD.
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 GNFUSD
The long-term trend has been DOWN since Jun 9th, 2024 at 0.00011507
The intermediate-term trend has been DOWN since Dec 9th, 2024 at 0.00011592
The short-term trend has been UP since Dec 25th, 2024 at 0.00011588
Smart Scan Analysis for GNFUSD
Based on our trend formula, GNFUSD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0001159 | 0.0001159 | 0.0001159 | 0.0001159 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0001159 | 2024-12-25 04:48:05 |