Forex Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
Guyanese Dollar/US Dollar (FOREX:GYDUSD)
Countertrend Up (+85) - GYDUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid GYDUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GYDUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GYDUSD
The long-term trend has been UP since Mar 18th, 2023 at 0.00480109
The intermediate-term trend has been UP since Mar 18th, 2023 at 0.00477578
The short-term trend has been UP since Mar 7th, 2023 at 0.00474989
Smart Scan Analysis for GYDUSD
Based on our trend formula, GYDUSD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).