Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

British Pound/Guyanese Dollar (FOREX:GBPGYD)

Countertrend Down (-85) - GBPGYD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
256.82694 256.82694 256.82694 256.82694 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPGYD

long term down The long-term trend has been DOWN since Mar 31st, 2020 at 268.11812

intermediate term down The intermediate-term trend has been DOWN since May 11th, 2020 at 259.40825

short term up The short-term trend has been UP since May 19th, 2020 at 254.90684

Smart Scan Analysis for GBPGYD

Based on our trend formula, GBPGYD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for GBPGYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
256.82694 256.82694 256.82694 256.82694 0.00000
Prev. Close Volume Bid Ask Time
254.63082 245.65812 267.99576 2020-05-21 21:08:16
Get a free daily analysis and signals for British Pound/Guyanese Dollar (GBPGYD) - Request Your Free Report.