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Forex Trend Analysis Report

Prepared for you on Saturday, December 7, 2024.

Guyanese Dollar/US Dollar (FOREX:GYDUSD)

Weak Downtrend (-65) - GYDUSD is showing signs of a strengthening downtrend. Monitor GYDUSD as it may be building momentum to the downside.

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
0.00478576 0.00478576 0.00478576 0.00478576 0.00000000
Entry Signal

MarketClub’s Trade Triangles for GYDUSD

long term up The long-term trend has been UP since Aug 2nd, 2024 at 0.00481322

intermediate term down The intermediate-term trend has been DOWN since Dec 7th, 2024 at 0.00478646

short term down The short-term trend has been DOWN since Dec 7th, 2024 at 0.00478646

Smart Scan Analysis for GYDUSD

Based on our trend formula, GYDUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for GYDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00478576 0.00478576 0.00478576 0.00478576 0.00000000
Prev. Close Volume Bid Ask Time
0.00478576 2024-12-07 20:17:27
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