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Forex Trend Analysis Report

Prepared for you on Tuesday, December 5, 2023.

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
0.0037908 0.0037908 0.0037904 0.0037904 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GYDGBP

long term down The long-term trend has been DOWN since Dec 3rd, 2023 at 0.00376742

intermediate term down The intermediate-term trend has been DOWN since Nov 6th, 2023 at 0.00392001

short term up The short-term trend has been UP since Dec 5th, 2023 at 0.00377641

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
0.0037908 0.0037908 0.0037904 0.0037904 0.0000000
Prev. Close Volume Bid Ask Time
0.0037908 2023-12-05 21:38:49
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