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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Guyanese Dollar/British Pound (FOREX:GYDGBP)

Countertrend Up (+85) - GYDGBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
0.00379291 0.00379291 0.00379291 0.00379291 0.00000000
Entry Signal

MarketClub’s Trade Triangles for GYDGBP

long term up The long-term trend has been UP since Nov 18th, 2024 at 0.00377994

intermediate term up The intermediate-term trend has been UP since Oct 9th, 2024 at 0.00364833

short term up The short-term trend has been UP since Oct 3rd, 2024 at 0.00360435

Smart Scan Analysis for GYDGBP

Based on our trend formula, GYDGBP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for GYDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00379291 0.00379291 0.00379291 0.00379291 0.00000000
Prev. Close Volume Bid Ask Time
0.00379291 2024-11-18 07:25:24
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