Forex Trend Analysis Report
Prepared for you on Monday, January 24, 2022.
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 Aug 9th, 2021 at 0.00406547
The intermediate-term trend has been DOWN since Dec 26th, 2021 at 0.00423124
The short-term trend has been DOWN since Jan 12th, 2022 at 0.00422282
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).