Another defeat tomorrow to Swansea - who knocked them out of the FA Cup at Old Trafford last weekend - would represent their worst run since 1981, when United lost eight games out of 10 and Dave Sexton was sacked.
Giggs is convinced it will not get that bad but he knows the time to respond is now.
"It is a test of character but I am fully confident we will come through it and we will be okay," said the winger. "I have said many times over the years, the defeats and losses generate a bigger feeling than winning things. It sticks with you a lot longer.
"You have to react and you have to try and do something about it. It hurts. There are players at this club who only know winning.
"It is important for the older players, who have been through these sticky patches before to help the younger ones.
"There are good players in the dressing room who probably haven't been playing to the best of our ability, both individually and as a team.
"If we do that, we win more matches than we lose."
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