Forex Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
Guyanese Dollar/Surinamese Dollar (FOREX:GYDSRD)
Bull Market Weakness (+75) - GYDSRD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GYDSRD as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for GYDSRD
The long-term trend has been UP since Sep 28th, 2020 at 3.5580
The intermediate-term trend has been UP since Sep 15th, 2021 at 10.2110
The short-term trend has been UP since Oct 12th, 2021 at 10.2195
Smart Scan Analysis for GYDSRD
Based on our trend formula, GYDSRD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).