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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Euro/Guyanese Dollar (FOREX:EURGYD)
Long-Term Downtrend (-90) - EURGYD is in a strong downtrend that is likely to continue. While EURGYD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid EURGYD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURGYD.
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 EURGYD
The long-term trend has been DOWN since Nov 18th, 2024 at 225.31
The intermediate-term trend has been DOWN since Dec 15th, 2024 at 219.78
The short-term trend has been DOWN since Dec 15th, 2024 at 219.78
Smart Scan Analysis for EURGYD
Based on our trend formula, EURGYD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 217.41 | 217.41 | 217.41 | 217.41 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 217.48 | 2024-12-21 08:23:54 |