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.
MarketClub’s Trade Triangles for GYDGBP
The long-term trend has been DOWN since Jul 29th, 2020 at 0.00373766
The intermediate-term trend has been DOWN since Oct 11th, 2020 at 0.00371544
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).