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Forex Trend Analysis Report

Prepared for you on Monday, June 1, 2020.

Guyanese Dollar/ (FOREX:GYDSRD)

Bear Market Rally (-75) - GYDSRD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GYDSRD as it may be in the beginning 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.

FOREX_GYDSRD
Open High Low GYDSRD Price Change
3.5375 3.5375 3.5375 3.5375 0.0000
Entry Signal

MarketClub’s Trade Triangles for GYDSRD

long term down The long-term trend has been DOWN since Apr 28th, 2020 at 3.5225

intermediate term down The intermediate-term trend has been DOWN since May 25th, 2020 at 3.5255

short term up The short-term trend has been UP since May 27th, 2020 at 3.5255

Smart Scan Analysis for GYDSRD

Based on our trend formula, GYDSRD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for GYDSRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.5375 3.5375 3.5375 3.5375 0.0000
Prev. Close Volume Bid Ask Time
3.5375 3.4790 3.5960 2020-06-01 00:26:14
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