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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
US Dollar/Guyanese Dollar (FOREX:USDGYD)
Sidelines Mode (+55) - USDGYD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Apr 30th, 2024 at 210.45615
The intermediate-term trend has been UP since Jun 13th, 2024 at 209.45571
The short-term trend has been DOWN since Jul 26th, 2024 at 209.11592
Smart Scan Analysis for USDGYD
Based on our trend formula, USDGYD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 209.15689 | 209.15689 | 209.09141 | 209.09141 | -0.06548 |
| Prev. Close | Volume | Bid | Ask | Time |
| 209.15689 | 2024-07-26 14:00:13 |