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Forex Trend Analysis Report

Prepared for you on Wednesday, June 29, 2022.

US Dollar/Guyanese Dollar (FOREX:USDGYD)

Sidelines Mode (+50) - USDGYD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until USDGYD can gain momentum.

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
209.3131 209.3131 209.3131 209.3131 0.0000
Entry Signal

MarketClub’s Trade Triangles for USDGYD

long term down The long-term trend has been DOWN since May 3rd, 2022 at 208.92469

intermediate term up The intermediate-term trend has been UP since Jun 28th, 2022 at 209.29747

short term up The short-term trend has been UP since Jun 28th, 2022 at 209.29747

Smart Scan Analysis for USDGYD

Based on our trend formula, USDGYD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for USDGYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
209.3131 209.3131 209.3131 209.3131 0.0000
Prev. Close Volume Bid Ask Time
209.3131 2022-06-28 07:20:51
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