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Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

US Dollar/Guyanese Dollar (FOREX:USDGYD)

Bear Market Rally (-75) - USDGYD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on USDGYD as it may be in the beginning of a reversal.

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
209.20671 209.20671 209.20671 209.20671 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDGYD

long term down The long-term trend has been DOWN since Apr 13th, 2020 at 207.86681

intermediate term down The intermediate-term trend has been DOWN since May 14th, 2020 at 208.90793

short term up The short-term trend has been UP since May 19th, 2020 at 209.09385

Smart Scan Analysis for USDGYD

Based on our trend formula, USDGYD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for USDGYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
209.20671 209.20671 209.20671 209.20671 0.00000
Prev. Close Volume Bid Ask Time
209.20671 200.07941 218.33400 2020-05-26 07:14:37
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