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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Guyanese Dollar/US Dollar (FOREX:GYDUSD)
Strong Downtrend (-100) - GYDUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GYDUSD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GYDUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GYDUSD.
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 GYDUSD
The long-term trend has been DOWN since Apr 30th, 2024 at 0.00476067
The intermediate-term trend has been DOWN since Apr 30th, 2024 at 0.00478426
The short-term trend has been DOWN since May 7th, 2024 at 0.00479134
Smart Scan Analysis for GYDUSD
Based on our trend formula, GYDUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00478848 | 0.00478848 | 0.00477999 | 0.00477999 | -0.00000800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00478388 | 2024-05-07 21:05:08 |