Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, October 13, 2024.

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
74.28528 74.28528 74.28528 74.28528 0.00000
Entry Signal

MarketClub’s Trade Triangles for EURGMD

long term up The long-term trend has been UP since Jul 12th, 2024 at 73.79182

intermediate term down The intermediate-term trend has been DOWN since Oct 4th, 2024 at 76.42104

short term down The short-term trend has been DOWN since Sep 19th, 2024 at 76.52710

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
74.28528 74.28528 74.28528 74.28528 0.00000
Prev. Close Volume Bid Ask Time
74.42268 2024-10-10 11:40:35
Get a free daily analysis and signals for Euro/Gambian Dalasi (EURGMD) - Request Your Free Report.