Forex Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
Guyanese Dollar/US Dollar (FOREX:GYDUSD)
Countertrend Down (-85) - GYDUSD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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 Nov 13th, 2023 at 0.00475057
The intermediate-term trend has been DOWN since Mar 12th, 2024 at 0.00478049
The short-term trend has been UP since Mar 18th, 2024 at 0.00478191
Smart Scan Analysis for GYDUSD
Based on our trend formula, GYDUSD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.00478169 | 0.00478169 | 0.00478127 | 0.00478127 | 0.00000000 |
Prev. Close | Volume | Bid | Ask | Time |
0.00478102 | 2024-03-28 23:30:00 |