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.
MarketClub’s Trade Triangles for GYDEUR
The long-term trend has been DOWN since Jun 24th, 2020 at 0.00427729
The intermediate-term trend has been DOWN since Feb 16th, 2021 at 0.00394749
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).