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Forex Trend Analysis Report

Prepared for you on Saturday, March 25, 2023.

US Dollar/Guyanese Dollar (FOREX:USDGYD)

Strong Downtrend (-100) - USDGYD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDGYD continues to fall. 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.

FOREX_USDGYD
Open High Low USDGYD Price Change
208.05157 208.05157 208.05157 208.05157 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDGYD

long term down The long-term trend has been DOWN since Mar 18th, 2023 at 208.70997

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2023 at 209.80722

short term down The short-term trend has been DOWN since Mar 7th, 2023 at 210.95237

Smart Scan Analysis for USDGYD

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

-100
Smart Scan Analysis for USDGYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
208.05157 208.05157 208.05157 208.05157 0.00000
Prev. Close Volume Bid Ask Time
208.05157 2023-03-18 03:55:50
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