Forex Trend Analysis Report
Prepared for you on Saturday, June 10, 2023.
British Pound/Guyanese Dollar (FOREX:GBPGYD)
Countertrend Up (+85) - GBPGYD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
MarketClub’s Trade Triangles for GBPGYD
The long-term trend has been UP since Apr 5th, 2023 at 261.84158
The intermediate-term trend has been UP since Jun 1st, 2023 at 263.07224
The short-term trend has been UP since Jun 1st, 2023 at 263.07224
Smart Scan Analysis for GBPGYD
Based on our trend formula, GBPGYD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).