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Forex Trend Analysis Report

Prepared for you on Friday, March 5, 2021.

Guyanese Dollar/Euro (FOREX:GYDEUR)

Strong Downtrend (-100) - GYDEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid GYDEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for GYDEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GYDEUR
Open High Low GYDEUR Price Change
0.00391575 0.00391575 0.00391575 0.00391575 0.00000000
Entry Signal

MarketClub’s Trade Triangles for GYDEUR

long term down The long-term trend has been DOWN since Jun 24th, 2020 at 0.00427729

intermediate term down The intermediate-term trend has been DOWN since Feb 16th, 2021 at 0.00394749

short term down The short-term trend has been DOWN since Feb 8th, 2021 at 0.00399120

Smart Scan Analysis for GYDEUR

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

-100
Smart Scan Analysis for GYDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00391575 0.00391575 0.00391575 0.00391575 0.00000000
Prev. Close Volume Bid Ask Time
0.00397911 2021-02-25 07:31:40
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