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Forex Trend Analysis Report

Prepared for you on Wednesday, July 24, 2024.

Guyanese Dollar/Euro (FOREX:GYDEUR)

Bear Market Rally (-75) - GYDEUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GYDEUR as it may be in the beginning of a reversal.

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
0.00440917 0.00440917 0.00440917 0.00440917 0.00000000
Entry Signal

MarketClub’s Trade Triangles for GYDEUR

long term down The long-term trend has been DOWN since Jul 15th, 2024 at 0.00439810

intermediate term down The intermediate-term trend has been DOWN since Jul 4th, 2024 at 0.00443878

short term up The short-term trend has been UP since Jul 21st, 2024 at 0.00439403

Smart Scan Analysis for GYDEUR

Based on our trend formula, GYDEUR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for GYDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00440917 0.00440917 0.00440917 0.00440917 0.00000000
Prev. Close Volume Bid Ask Time
0.00440917 2024-07-23 07:26:06
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