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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

Guyanese Dollar/Euro (FOREX:GYDEUR)

Sidelines Mode (+50) - GYDEUR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GYDEUR can gain momentum.

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
0.00444709 0.00444709 0.00444709 0.00444709 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 up The intermediate-term trend has been UP since Oct 9th, 2024 at 0.00433657

short term up The short-term trend has been UP since Sep 26th, 2024 at 0.00429163

Smart Scan Analysis for GYDEUR

Based on our trend formula, GYDEUR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for GYDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00444709 0.00444709 0.00444709 0.00444709 0.00000000
Prev. Close Volume Bid Ask Time
0.00444709 2024-10-23 07:25:20
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