Forex Trend Analysis Report
Prepared for you on Thursday, May 28, 2020.
Guyanese Dollar/British Pound (FOREX:GYDGBP)
Bull Market Weakness (+75) - GYDGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GYDGBP as it may be in the beginning stages 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.
MarketClub’s Trade Triangles for GYDGBP
The long-term trend has been UP since Mar 31st, 2020 at 0.00373689
The intermediate-term trend has been UP since May 11th, 2020 at 0.00386242
The short-term trend has been DOWN since May 19th, 2020 at 0.00393074
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).