Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, May 11, 2021.

Guyanese Dollar/British Pound (FOREX:GYDGBP)

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

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

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

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

FOREX_GYDGBP
Open High Low GYDGBP Price Change
0.00339564 0.00339564 0.00339564 0.00339564 0.00000000
Entry Signal

MarketClub’s Trade Triangles for GYDGBP

long term down The long-term trend has been DOWN since Jul 29th, 2020 at 0.00373766

intermediate term up The intermediate-term trend has been UP since Mar 7th, 2021 at 0.00345281

short term down The short-term trend has been DOWN since Apr 18th, 2021 at 0.00347067

Smart Scan Analysis for GYDGBP

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

-75
Smart Scan Analysis for GYDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00339564 0.00339564 0.00339564 0.00339564 0.00000000
Prev. Close Volume Bid Ask Time
0.00339564 2021-05-10 07:27:38
Get a free daily analysis and signals for Guyanese Dollar/British Pound (GYDGBP) - Request Your Free Report.