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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

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.

FOREX_GYDUSD
Open High Low GYDUSD Price Change
0.00479381 0.00479381 0.00479381 0.00479381 0.00000000
Entry Signal

MarketClub’s Trade Triangles for GYDUSD

long term up The long-term trend has been UP since Aug 2nd, 2024 at 0.00481322

intermediate term up The intermediate-term trend has been UP since Sep 26th, 2024 at 0.00479419

short term up The short-term trend has been UP since Sep 26th, 2024 at 0.00478764

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).

+80
Smart Scan Analysis for GYDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00479381 0.00479381 0.00479381 0.00479381 0.00000000
Prev. Close Volume Bid Ask Time
0.00479381 2024-10-23 07:25:20
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