Forex Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
US Dollar/Guyanese Dollar (FOREX:USDGYD)
Crossroads (-60) - USDGYD is struggling to move into a solid trend. Beware of choppy markets 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.
MarketClub’s Trade Triangles for USDGYD
The long-term trend has been UP since Nov 13th, 2023 at 210.92673
The intermediate-term trend has been DOWN since Nov 14th, 2023 at 208.46437
The short-term trend has been DOWN since Nov 14th, 2023 at 208.46437
Smart Scan Analysis for USDGYD
Based on our trend formula, USDGYD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).