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Forex Trend Analysis Report

Prepared for you on Monday, December 11, 2023.

Guyanese Dollar/US Dollar (FOREX:GYDUSD)

Crossroads (-60) - GYDUSD is struggling to move into a solid trend. Beware of choppy markets 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.

FOREX_GYDUSD
Open High Low GYDUSD Price Change
0.00478127 0.00478127 0.00478127 0.00478127 0.00000000
Entry Signal

MarketClub’s Trade Triangles for GYDUSD

long term down The long-term trend has been DOWN since Nov 13th, 2023 at 0.00475057

intermediate term up The intermediate-term trend has been UP since Nov 14th, 2023 at 0.00480662

short term up The short-term trend has been UP since Dec 6th, 2023 at 0.00478580

Smart Scan Analysis for GYDUSD

Based on our trend formula, GYDUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for GYDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00478127 0.00478127 0.00478127 0.00478127 0.00000000
Prev. Close Volume Bid Ask Time
0.00477739 2023-12-09 14:27:08
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