the force which we are experiencing is against garavity.
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Forces that cancel each other out are called balanced forces.
The answer depends on what "it" is and the overall context. The answer could be the centre of the earth where the earth's gravity has no effect, or the Lagrange point where the gravitational forces of the moon, earth and sun balance each other.
Since G is very small - 6.673 * 10-11, or 0.00000000006673- we know that the gravitational force is very weak. It happens to be the weakest of the four fundamental forces of nature, and it explains how a mass as big as the Earth (6*1024kg)only affects us with a force of around 700N.
Forces have to be added as vectors. This means that in certain cases, the forces can cancel, and in other cases they can be added.
Horizontal and Vertical forces respectively.