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Forex Trend Analysis Report

Prepared for you on Tuesday, February 7, 2023.

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
65.39744 65.39744 65.39744 65.39744 0.00000
Entry Signal

MarketClub’s Trade Triangles for EURGMD

long term up The long-term trend has been UP since Oct 20th, 2022 at 55.978921

intermediate term down The intermediate-term trend has been DOWN since Feb 2nd, 2023 at 66.618334

short term down The short-term trend has been DOWN since Jan 24th, 2023 at 67.207490

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
65.39744 65.39744 65.39744 65.39744 0.00000
Prev. Close Volume Bid Ask Time
65.39744 2023-02-06 13:33:54
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