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Forex Trend Analysis Report

Prepared for you on Friday, March 5, 2021.

Euro/Gambian Dalasi (FOREX:EURGMD)

Weak Downtrend (-65) - EURGMD is showing signs of a strengthening downtrend. Monitor EURGMD as it may be building momentum to the downside.

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
62.176040 62.176040 62.156999 62.156999 -0.019041
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 down The intermediate-term trend has been DOWN since Jan 11th, 2021 at 63.010963

short term down The short-term trend has been DOWN since Feb 24th, 2021 at 62.194687

Smart Scan Analysis for EURGMD

Based on our trend formula, EURGMD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for EURGMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
62.176040 62.176040 62.156999 62.156999 -0.019041
Prev. Close Volume Bid Ask Time
61.715613 2021-02-24 11:22:05
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