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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Guyanese Dollar/Surinamese Dollar (FOREX:GYDSRD)

Strong Downtrend (-100) - GYDSRD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GYDSRD continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid GYDSRD?

MarketClub looks at technical strength and momentum to determine if the timing is right for GYDSRD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GYDSRD
Open High Low GYDSRD Price Change
16.7445 16.7445 16.7445 16.7445 0.0000
Entry Signal

MarketClub’s Trade Triangles for GYDSRD

long term down The long-term trend has been DOWN since Nov 10th, 2023 at 18.137

intermediate term down The intermediate-term trend has been DOWN since Jan 19th, 2024 at 17.387

short term down The short-term trend has been DOWN since Jan 19th, 2024 at 17.387

Smart Scan Analysis for GYDSRD

Based on our trend formula, GYDSRD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for GYDSRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.7445 16.7445 16.7445 16.7445 0.0000
Prev. Close Volume Bid Ask Time
16.7445 16.5820 16.9070 2024-03-21 10:50:32
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