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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

Euro/Gambian Dalasi (FOREX:EURGMD)

Bear Market Rally (-75) - EURGMD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURGMD as it may be in the beginning of a reversal.

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
60.423926 60.423926 60.423926 60.423926 0.000000
Entry Signal

MarketClub’s Trade Triangles for EURGMD

long term down The long-term trend has been DOWN since Jul 20th, 2021 at 60.213688

intermediate term up The intermediate-term trend has been UP since Oct 19th, 2021 at 60.379899

short term down The short-term trend has been DOWN since Oct 25th, 2021 at 60.506722

Smart Scan Analysis for EURGMD

Based on our trend formula, EURGMD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for EURGMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
60.423926 60.423926 60.423926 60.423926 0.000000
Prev. Close Volume Bid Ask Time
60.423926 2021-10-25 12:01:38
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