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Stock Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
WESTGOLD RESOURCES LTD (TSE:WGX)
Long-Term Downtrend (-90) - WGX is in a strong downtrend that is likely to continue. While WGX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid WGX?
MarketClub looks at technical strength and momentum to determine if the timing is right for WGX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for WGX
The long-term trend has been DOWN since Feb 3rd, 2025 at 2.25
The intermediate-term trend has been DOWN since Dec 30th, 2024 at 2.53
The short-term trend has been DOWN since Jan 24th, 2025 at 2.40
Smart Scan Analysis for WGX
Based on our trend formula, WGX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.18 | 2.18 | 2.13 | 2.16 | +0.03 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.13 | 131781 | 2025-02-05 11:39:42 |