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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.

FOREX_GYDEUR
Open High Low GYDEUR Price Change
0.00395562 0.00395562 0.00395562 0.00395562 0.00000000
Entry Signal

MarketClub’s Trade Triangles for GYDEUR

long term up The long-term trend has been UP since Mar 7th, 2021 at 0.00399743

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2021 at 0.00402840

short term down 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).

-60
Smart Scan Analysis for GYDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00395562 0.00395562 0.00395562 0.00395562 0.00000000
Prev. Close Volume Bid Ask Time
0.00395562 2021-05-12 07:25:13
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