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Forex Trend Analysis Report

Prepared for you on Wednesday, July 6, 2022.

British Pound/Guyanese Dollar (FOREX:GBPGYD)

Long-Term Downtrend (-90) - GBPGYD is in a strong downtrend that is likely to continue. While GBPGYD is showing intraday strength, it remains in the confines of a bearish trend. 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.

FOREX_GBPGYD
Open High Low GBPGYD Price Change
256.29805 256.29805 256.29805 256.29805 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPGYD

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 287.83378

intermediate term down The intermediate-term trend has been DOWN since Jun 17th, 2022 at 261.61633

short term down The short-term trend has been DOWN since Jun 17th, 2022 at 261.61633

Smart Scan Analysis for GBPGYD

Based on our trend formula, GBPGYD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for GBPGYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
256.29805 256.29805 256.29805 256.29805 0.00000
Prev. Close Volume Bid Ask Time
256.29805 2022-06-28 07:20:51
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