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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

US Dollar/Guyanese Dollar (FOREX:USDGYD)

Weak Uptrend (+65) - USDGYD is showing signs of weakening momentum to the upside. Monitor USDGYD as it may be in the beginning stages of a reversal.

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.

FOREX_USDGYD
Open High Low USDGYD Price Change
209.21135 209.87160 209.21135 209.87160 +0.66025
Entry Signal

MarketClub’s Trade Triangles for USDGYD

long term up The long-term trend has been UP since Nov 13th, 2023 at 210.92673

intermediate term up The intermediate-term trend has been UP since Mar 12th, 2024 at 209.59502

short term down The short-term trend has been DOWN since Mar 18th, 2024 at 209.52041

Smart Scan Analysis for USDGYD

Based on our trend formula, USDGYD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for USDGYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
209.21135 209.87160 209.21135 209.87160 +0.66025
Prev. Close Volume Bid Ask Time
209.21135 2024-03-18 22:07:01
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