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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Guyanese Dollar/British Pound (FOREX:GYDGBP)
Sidelines Mode (+55) - GYDGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GYDGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for GYDGBP.
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 GYDGBP
The long-term trend has been UP since Apr 2nd, 2024 at 0.00380756
The intermediate-term trend has been UP since Mar 29th, 2024 at 0.00379056
The short-term trend has been DOWN since Apr 24th, 2024 at 0.00385408
Smart Scan Analysis for GYDGBP
Based on our trend formula, GYDGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00384802 | 0.00384802 | 0.00384636 | 0.00384636 | -0.00000200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00382947 | 2024-04-24 21:01:01 |