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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
US Dollar/Guyanese Dollar (FOREX:USDGYD)
Strong Uptrend (+100) - USDGYD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDGYD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid USDGYD?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDGYD.
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 USDGYD
The long-term trend has been UP since Apr 30th, 2024 at 210.45615
The intermediate-term trend has been UP since Apr 30th, 2024 at 209.42278
The short-term trend has been UP since May 7th, 2024 at 209.12381
Smart Scan Analysis for USDGYD
Based on our trend formula, USDGYD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 209.24660 | 209.61844 | 209.24660 | 209.61844 | +0.37184 |
| Prev. Close | Volume | Bid | Ask | Time |
| 209.38077 | 2024-05-07 21:05:08 |