Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, December 5, 2020.

Guyanese Dollar/British Pound (FOREX:GYDGBP)

Strong Downtrend (-100) - GYDGBP 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 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
0.0035369 0.0035369 0.0035369 0.0035369 0.0000000
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 down The intermediate-term trend has been DOWN since Oct 11th, 2020 at 0.00371544

short term down The short-term trend has been DOWN since Dec 3rd, 2020 at 0.00358168

Smart Scan Analysis for GYDGBP

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

-100
Smart Scan Analysis for GYDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0035369 0.0035369 0.0035369 0.0035369 0.0000000
Prev. Close Volume Bid Ask Time
0.0035369 2020-12-04 07:18:23
Get a free daily analysis and signals for Guyanese Dollar/British Pound (GYDGBP) - Request Your Free Report.