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Forex Trend Analysis Report

Prepared for you on Wednesday, October 20, 2021.

US Dollar/Guyanese Dollar (FOREX:USDGYD)

Countertrend Up (+85) - USDGYD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

FOREX_USDGYD
Open High Low USDGYD Price Change
208.93226 208.93226 208.93226 208.93226 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDGYD

long term up The long-term trend has been UP since Jun 13th, 2021 at 209.89202

intermediate term up The intermediate-term trend has been UP since Sep 15th, 2021 at 209.12888

short term up The short-term trend has been UP since Oct 4th, 2021 at 209.05496

Smart Scan Analysis for USDGYD

Based on our trend formula, USDGYD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for USDGYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
208.93226 208.93226 208.93226 208.93226 0.00000
Prev. Close Volume Bid Ask Time
209.66543 2021-10-09 04:08:08
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