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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
British Pound/Guyanese Dollar (FOREX:GBPGYD)
Bear Market Rally (-75) - GBPGYD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPGYD as it may be in the beginning 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.
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MarketClub’s Trade Triangles for GBPGYD
The long-term trend has been DOWN since Apr 2nd, 2024 at 263.15666
The intermediate-term trend has been DOWN since Mar 29th, 2024 at 264.32942
The short-term trend has been UP since Apr 24th, 2024 at 259.98915
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 260.39442 | 260.50660 | 260.39442 | 260.50660 | +0.11218 |
| Prev. Close | Volume | Bid | Ask | Time |
| 261.65238 | 2024-04-24 21:01:01 |