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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

US Dollar/Guyanese Dollar (FOREX:USDGYD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_USDGYD
Open High Low USDGYD Price Change
208.98939 208.98939 208.98939 208.98939 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDGYD

long term down The long term trend has been DOWN since Dec 29th, 2019 at 207.70000

intermediate term down The intermediate term trend has been DOWN since Dec 24th, 2019 at 208.58308

short term down The short term trend has been DOWN since Jan 12th, 2020 at 208.99207

Smart Scan Analysis for USDGYD

Based on a pre-defined weighted trend formula for chart analysis, USDGYD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for USDGYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
208.98939 208.98939 208.98939 208.98939 0.00000
Prev. Close Volume Bid Ask Time
208.98939 199.97928 217.99949 2020-01-20 02:16:50
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