Forex Trend Analysis Report
Prepared for you on Monday, November 30, 2020.
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 Jul 29th, 2020 at 268.01818
The intermediate-term trend has been UP since Oct 11th, 2020 at 269.59351
The short-term trend has been UP since Oct 21st, 2020 at 273.00143
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).