Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, May 23, 2019.

Guyanese Dollar/US Dollar (FOREX:GYDUSD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_GYDUSD
Open High Low GYDUSD Price Change
0.004785 0.004785 0.004785 0.004785 0.000000
Entry Signal

MarketClub’s Trade Triangles for GYDUSD

long term down The long term trend has been DOWN since Apr 24th, 2019 at 0.004747

intermediate term up The intermediate term trend has been UP since May 13th, 2019 at 0.004806

short term down The short term trend has been DOWN since May 19th, 2019 at 0.004796

Smart Scan Analysis for GYDUSD

Based on a pre-defined weighted trend formula for chart analysis, GYDUSD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for GYDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.004785 0.004785 0.004785 0.004785 0.000000
Prev. Close Volume Bid Ask Time
0.004768 0.004581 0.004990 2019-05-21 21:10:54
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