Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Guyanese Dollar/US Dollar (FOREX:GYDUSD)
Sidelines Mode (-55) - GYDUSD 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 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 DOWN since Apr 30th, 2024 at 0.00476067
The intermediate-term trend has been DOWN since Jun 13th, 2024 at 0.00478358
The short-term trend has been UP since Jul 26th, 2024 at 0.00479132
Smart Scan Analysis for GYDUSD
Based on our trend formula, GYDUSD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00479039 | 0.00479189 | 0.00479039 | 0.00479189 | +0.00000100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00479039 | 2024-07-26 14:00:13 |