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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

British Pound/Guyanese Dollar (FOREX:GBPGYD)

Bull Market Weakness (+75) - GBPGYD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPGYD as it may be in the beginning stages of a reversal.

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

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

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

FOREX_GBPGYD
Open High Low GBPGYD Price Change
269.16603 269.16603 269.13254 269.13254 -0.03349
Entry Signal

MarketClub’s Trade Triangles for GBPGYD

long term up The long-term trend has been UP since Jul 8th, 2024 at 268.08629

intermediate term up The intermediate-term trend has been UP since Jul 8th, 2024 at 267.74726

short term down The short-term trend has been DOWN since Jul 21st, 2024 at 271.36839

Smart Scan Analysis for GBPGYD

Based on our trend formula, GBPGYD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for GBPGYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
269.16603 269.16603 269.13254 269.13254 -0.03349
Prev. Close Volume Bid Ask Time
269.16603 2024-07-26 14:00:13
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