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Forex Trend Analysis Report

Prepared for you on Friday, April 12, 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.

FOREX_GYDSRD
Open High Low GYDSRD Price Change
16.578 16.578 16.578 16.578 0.000
Entry Signal

MarketClub’s Trade Triangles for GYDSRD

long term down The long-term trend has been DOWN since Nov 10th, 2023 at 18.137

intermediate term down The intermediate-term trend has been DOWN since Jan 19th, 2024 at 17.387

short term down The short-term trend has been DOWN since Jan 19th, 2024 at 17.387

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).

-90
Smart Scan Analysis for GYDSRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.578 16.578 16.578 16.578 0.000
Prev. Close Volume Bid Ask Time
16.578 16.417 16.739 2024-04-02 10:45:24
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