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Forex Trend Analysis Report

Prepared for you on Tuesday, September 17, 2019.

Euro/Guyanese Dollar (FOREX:EURGYD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low EURGYD Price Change
231.41 231.41 231.41 231.41 0.00
Entry Signal

MarketClub’s Trade Triangles for EURGYD

long term down The long term trend has been DOWN since May 13th, 2018 at 252.31

intermediate term down The intermediate term trend has been DOWN since Jul 9th, 2019 at 234.05

short term up The short term trend has been UP since Sep 13th, 2019 at 230.67

Smart Scan Analysis for EURGYD

Based on a pre-defined weighted trend formula for chart analysis, EURGYD scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for EURGYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
231.41 231.41 231.41 231.41 0.00
Prev. Close Volume Bid Ask Time
230.62 221.41 241.41 2019-09-15 20:00:10
Want to analyze Euro/Guyanese Dollar EURGYD or another symbol? Try our Free Forex Trend Analysis Report.