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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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
0.00372240 0.00372286 0.00372240 0.00372286 0.00000000
Entry Signal

MarketClub’s Trade Triangles for GYDGBP

long term down The long-term trend has been DOWN since Jul 8th, 2024 at 0.00373748

intermediate term down The intermediate-term trend has been DOWN since Jul 8th, 2024 at 0.00374216

short term up The short-term trend has been UP since Jul 21st, 2024 at 0.00369213

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
0.00372240 0.00372286 0.00372240 0.00372286 0.00000000
Prev. Close Volume Bid Ask Time
0.00372240 2024-07-26 14:00:13
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