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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Guyanese Dollar/Surinamese Dollar (FOREX:GYDSRD)

Sidelines Mode (-55) - GYDSRD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
16.727 16.727 16.727 16.727 0.000
Entry Signal

MarketClub’s Trade Triangles for GYDSRD

long term up The long-term trend has been UP since Oct 15th, 2024 at 14.6185

intermediate term down The intermediate-term trend has been DOWN since Dec 12th, 2024 at 16.8420

short term up The short-term trend has been UP since Sep 20th, 2024 at 13.7710

Smart Scan Analysis for GYDSRD

Based on our trend formula, GYDSRD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for GYDSRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.727 16.727 16.727 16.727 0.000
Prev. Close Volume Bid Ask Time
16.776 16.565 16.889 2024-12-16 09:01:45
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