Forex Trend Analysis Report
Prepared for you on Tuesday, January 21, 2020.
British Pound/Guyanese Dollar (FOREX:GBPGYD)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for GBPGYD
The long term trend has been UP since Oct 17th, 2019 at 263.22500
The intermediate term trend has been UP since Jan 6th, 2020 at 275.47567
The short term trend has been DOWN since Jan 9th, 2020 at 274.34335
Smart Scan Analysis for GBPGYD
Based on a pre-defined weighted trend formula for chart analysis, GBPGYD scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).