Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Guyanese Dollar/US Dollar (FOREX:GYDUSD)
Weak Uptrend (+65) - GYDUSD is showing signs of weakening momentum to the upside. Monitor GYDUSD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid GYDUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GYDUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GYDUSD
The long-term trend has been UP since Apr 13th, 2020 at 0.00481999
The intermediate-term trend has been UP since May 14th, 2020 at 0.00479612
The short-term trend has been DOWN since May 19th, 2020 at 0.00479192
Smart Scan Analysis for GYDUSD
Based on our trend formula, GYDUSD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).