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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 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.

FOREX_USDGYD
Open High Low USDGYD Price Change
208.97406 208.97406 208.97406 208.97406 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDGYD

long term up The long-term trend has been UP since Apr 30th, 2024 at 210.45615

intermediate term up The intermediate-term trend has been UP since Apr 30th, 2024 at 209.42278

short term down The short-term trend has been DOWN since May 24th, 2024 at 209.33342

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).

+55
Smart Scan Analysis for USDGYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
208.97406 208.97406 208.97406 208.97406 0.00000
Prev. Close Volume Bid Ask Time
208.97406 2024-05-25 05:28:04
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