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Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
British Pound/Guyanese Dollar (FOREX:GBPGYD)
Strong Downtrend (-100) - GBPGYD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPGYD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GBPGYD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPGYD.
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 GBPGYD
The long-term trend has been DOWN since Apr 2nd, 2024 at 263.15666
The intermediate-term trend has been DOWN since Mar 29th, 2024 at 264.32942
The short-term trend has been DOWN since Apr 14th, 2024 at 264.08982
Smart Scan Analysis for GBPGYD
Based on our trend formula, GBPGYD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 259.98915 | 259.98915 | 259.98915 | 259.98915 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 259.98915 | 2024-04-17 21:01:48 |