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Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

US Dollar/Guyanese Dollar (FOREX:USDGYD)

Countertrend Up (+85) - USDGYD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
209.06319 209.06319 209.06319 209.06319 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDGYD

long term up The long-term trend has been UP since Feb 16th, 2021 at 210.24365

intermediate term up The intermediate-term trend has been UP since Feb 16th, 2021 at 209.56758

short term down The short-term trend has been DOWN since Feb 22nd, 2021 at 208.83869

Smart Scan Analysis for USDGYD

Based on our trend formula, USDGYD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for USDGYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
209.06319 209.06319 209.06319 209.06319 0.00000
Prev. Close Volume Bid Ask Time
209.06319 2021-02-25 07:31:39
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