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.
MarketClub’s Trade Triangles for GYDGBP
The long-term trend has been UP since Jul 19th, 2021 at 0.00347986
The intermediate-term trend has been DOWN since Oct 25th, 2021 at 0.00352598
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).