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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Euro/Gambian Dalasi (FOREX:EURGMD)
Countertrend Down (-85) - EURGMD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Nov 22nd, 2024 at 74.01600
The intermediate-term trend has been DOWN since Feb 10th, 2025 at 74.06569
The short-term trend has been UP since Feb 20th, 2025 at 74.71592
Smart Scan Analysis for EURGMD
Based on our trend formula, EURGMD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 75.35598 | 75.35598 | 75.35598 | 75.35598 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 75.30396 | 2025-02-20 11:24:53 |