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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Euro/Gambian Dalasi (FOREX:EURGMD)
Countertrend Up (+85) - EURGMD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for EURGMD
The long-term trend has been UP since Jul 12th, 2024 at 73.79182
The intermediate-term trend has been UP since Jul 5th, 2024 at 73.21633
The short-term trend has been UP since Jul 5th, 2024 at 72.50953
Smart Scan Analysis for EURGMD
Based on our trend formula, EURGMD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 73.6013 | 73.6013 | 73.6013 | 73.6013 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 73.6013 | 2024-07-25 13:27:20 |