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Forex Trend Analysis Report
Prepared for you on Saturday, August 20, 2022.
Euro/Guyanese Dollar (FOREX:EURGYD)
Strong Downtrend (-100) - EURGYD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURGYD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid EURGYD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURGYD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for EURGYD
The long-term trend has been DOWN since Aug 9th, 2021 at 246.38
The intermediate-term trend has been DOWN since Aug 19th, 2022 at 212.43
The short-term trend has been DOWN since Aug 18th, 2022 at 214.26
Smart Scan Analysis for EURGYD
Based on our trend formula, EURGYD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 210.54 | 210.54 | 210.54 | 210.54 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 210.54 | 2022-08-19 07:18:29 |