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Forex Trend Analysis Report

Prepared for you on Thursday, October 28, 2021.

Guyanese Dollar/British Pound (FOREX:GYDGBP)

Crossroads (-60) - GYDGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.00347282 0.00347282 0.00347282 0.00347282 0.00000000
Entry Signal

MarketClub’s Trade Triangles for GYDGBP

long term up The long-term trend has been UP since Jul 19th, 2021 at 0.00347986

intermediate term down The intermediate-term trend has been DOWN since Oct 25th, 2021 at 0.00352598

short term down The short-term trend has been DOWN since Oct 4th, 2021 at 0.00353743

Smart Scan Analysis for GYDGBP

Based on our trend formula, GYDGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for GYDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00347282 0.00347282 0.00347282 0.00347282 0.00000000
Prev. Close Volume Bid Ask Time
0.00349208 2021-10-26 21:08:54
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