Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, November 23, 2020.

Euro/Gambian Dalasi (FOREX:EURGMD)

Strong Uptrend (+100) - EURGMD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURGMD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

FOREX_EURGMD
Open High Low EURGMD Price Change
61.302069 61.302069 61.302069 61.302069 0.000000
Entry Signal

MarketClub’s Trade Triangles for EURGMD

long term up The long-term trend has been UP since Nov 9th, 2020 at 61.455071

intermediate term up The intermediate-term trend has been UP since Nov 9th, 2020 at 61.331011

short term up The short-term trend has been UP since Nov 16th, 2020 at 61.222837

Smart Scan Analysis for EURGMD

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

+100
Smart Scan Analysis for EURGMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
61.302069 61.302069 61.302069 61.302069 0.000000
Prev. Close Volume Bid Ask Time
61.571769 2020-11-19 12:11:30
Get a free daily analysis and signals for Euro/Gambian Dalasi (EURGMD) - Request Your Free Report.