Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

US Dollar/Gambian Dalasi (FOREX:USDGMD)

Weak Uptrend (+65) - USDGMD is showing signs of weakening momentum to the upside. Monitor USDGMD as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid USDGMD?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDGMD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDGMD
Open High Low USDGMD Price Change
67.925 67.925 67.925 67.925 0.000
Entry Signal

MarketClub’s Trade Triangles for USDGMD

long term up The long-term trend has been UP since Aug 3rd, 2023 at 60.200

intermediate term up The intermediate-term trend has been UP since Jan 23rd, 2024 at 67.275

short term down The short-term trend has been DOWN since Mar 8th, 2024 at 67.950

Smart Scan Analysis for USDGMD

Based on our trend formula, USDGMD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for USDGMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
67.925 67.925 67.925 67.925 0.000
Prev. Close Volume Bid Ask Time
67.925 2024-03-19 12:08:04
Get a free daily analysis and signals for US Dollar/Gambian Dalasi (USDGMD) - Request Your Free Report.