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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Guyanese Dollar/Surinamese Dollar (FOREX:GYDSRD)
Long-Term Downtrend (-90) - GYDSRD is in a strong downtrend that is likely to continue. While GYDSRD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GYDSRD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GYDSRD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GYDSRD
The long-term trend has been DOWN since Nov 10th, 2023 at 18.1370
The intermediate-term trend has been DOWN since Jan 19th, 2024 at 17.3870
The short-term trend has been DOWN since Jul 24th, 2024 at 14.5005
Smart Scan Analysis for GYDSRD
Based on our trend formula, GYDSRD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13.915 | 13.915 | 13.915 | 13.915 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 13.915 | 13.780 | 14.050 | 2024-07-24 09:49:01 |