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Forex Trend Analysis Report

Prepared for you on Wednesday, March 3, 2021.

Guyanese Dollar/US Dollar (FOREX:GYDUSD)

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

FOREX_GYDUSD
Open High Low GYDUSD Price Change
0.00479057 0.00479057 0.00479057 0.00479057 0.00000000
Entry Signal

MarketClub’s Trade Triangles for GYDUSD

long term down The long-term trend has been DOWN since Dec 21st, 2020 at 0.00476461

intermediate term down The intermediate-term trend has been DOWN since Feb 16th, 2021 at 0.00477933

short term up The short-term trend has been UP since Feb 22nd, 2021 at 0.00479586

Smart Scan Analysis for GYDUSD

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

-75
Smart Scan Analysis for GYDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00479057 0.00479057 0.00479057 0.00479057 0.00000000
Prev. Close Volume Bid Ask Time
0.00481136 2021-02-25 07:31:39
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