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Forex Trend Analysis Report

Prepared for you on Friday, February 22, 2019.

US Dollar/Guinea Franc (FOREX:USDGNF)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_USDGNF
Open High Low USDGNF Price Change
9130.5 9130.5 9130.5 9130.5 0.0
Entry Signal

MarketClub’s Trade Triangles for USDGNF

long term up The long term trend has been UP since Nov 16th, 2018 at 9132.50

intermediate term down The intermediate term trend has been DOWN since Feb 19th, 2019 at 9072.45

short term up The short term trend has been UP since Feb 19th, 2019 at 9225.00

Smart Scan Analysis for USDGNF

Based on a pre-defined weighted trend formula for chart analysis, USDGNF scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for USDGNF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9130.5 9130.5 9130.5 9130.5 0.0
Prev. Close Volume Bid Ask Time
9130.5 9051.1 9209.9 2019-02-21 21:03:59
Want to analyze US Dollar/Guinea Franc USDGNF or another symbol? Try our Free Forex Trend Analysis Report.