Forex Trend Analysis Report
Prepared for you on Sunday, May 16, 2021.
Guyanese Dollar/Euro (FOREX:GYDEUR)
Crossroads (-60) - GYDEUR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GYDEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for GYDEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GYDEUR
The long-term trend has been UP since Mar 7th, 2021 at 0.00399743
The intermediate-term trend has been DOWN since Apr 16th, 2021 at 0.00402840
The short-term trend has been DOWN since Apr 6th, 2021 at 0.00407926
Smart Scan Analysis for GYDEUR
Based on our trend formula, GYDEUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).