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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.

FOREX_EURGYD
Open High Low EURGYD Price Change
210.54 210.54 210.54 210.54 0.00
Entry Signal

MarketClub’s Trade Triangles for EURGYD

long term down The long-term trend has been DOWN since Aug 9th, 2021 at 246.38

intermediate term down The intermediate-term trend has been DOWN since Aug 19th, 2022 at 212.43

short term down 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).

-100
Smart Scan Analysis for EURGYD
Strong Downtrend Sideways 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
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