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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
US Dollar/Guyanese Dollar (FOREX:USDGYD)
Long-Term Downtrend (-90) - USDGYD is in a strong downtrend that is likely to continue. While USDGYD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid USDGYD?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDGYD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for USDGYD
The long-term trend has been DOWN since Aug 2nd, 2024 at 208.17187
The intermediate-term trend has been DOWN since Dec 5th, 2024 at 209.33146
The short-term trend has been DOWN since Oct 31st, 2024 at 209.01421
Smart Scan Analysis for USDGYD
Based on our trend formula, USDGYD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 208.37686 | 208.37686 | 208.37686 | 208.37686 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 208.88441 | 2024-12-21 08:23:54 |