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Forex Trend Analysis Report

Prepared for you on Wednesday, September 18, 2019.

US Dollar/Guyanese Dollar (FOREX:USDGYD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_USDGYD
Open High Low USDGYD Price Change
207.70 207.70 207.70 207.70 0.00
Entry Signal

MarketClub’s Trade Triangles for USDGYD

long term down The long term trend has been DOWN since Jun 23rd, 2019 at 207.445

intermediate term down The intermediate term trend has been DOWN since Sep 12th, 2019 at 208.695

short term down The short term trend has been DOWN since Sep 5th, 2019 at 209.225

Smart Scan Analysis for USDGYD

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

-100
Smart Scan Analysis for USDGYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
207.70 207.70 207.70 207.70 0.00
Prev. Close Volume Bid Ask Time
207.7 198.67 216.73 2019-09-17 20:08:35
Want to analyze US Dollar/Guyanese Dollar USDGYD or another symbol? Try our Free Forex Trend Analysis Report.