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Forex Trend Analysis Report

Prepared for you on Saturday, April 20, 2024.

British Pound/Guyanese Dollar (FOREX:GBPGYD)

Strong Downtrend (-100) - GBPGYD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPGYD continues to fall. Traders should use caution 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
260.17286 260.17286 260.17286 260.17286 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPGYD

long term down The long-term trend has been DOWN since Apr 2nd, 2024 at 263.15666

intermediate term down The intermediate-term trend has been DOWN since Mar 29th, 2024 at 264.32942

short term down The short-term trend has been DOWN since Apr 14th, 2024 at 264.08982

Smart Scan Analysis for GBPGYD

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

-100
Smart Scan Analysis for GBPGYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
260.17286 260.17286 260.17286 260.17286 0.00000
Prev. Close Volume Bid Ask Time
260.17286 2024-04-20 05:38:10
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