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Forex Trend Analysis Report

Prepared for you on Tuesday, October 26, 2021.

British Pound/Guyanese Dollar (FOREX:GBPGYD)

Sidelines Mode (+50) - GBPGYD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GBPGYD can gain momentum.

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
289.10561 289.10561 289.10561 289.10561 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPGYD

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 287.83378

intermediate term up The intermediate-term trend has been UP since Oct 25th, 2021 at 284.09071

short term up The short-term trend has been UP since Oct 4th, 2021 at 283.17353

Smart Scan Analysis for GBPGYD

Based on our trend formula, GBPGYD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for GBPGYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
289.10561 289.10561 289.10561 289.10561 0.00000
Prev. Close Volume Bid Ask Time
289.10561 2021-10-26 07:16:49
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