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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 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.
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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 DOWN since Nov 18th, 2024 at 75.02078
The short-term trend has been DOWN since Oct 29th, 2024 at 75.25147
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 74.67904 | 74.67904 | 74.67904 | 74.67904 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 74.68181 | 2024-11-18 16:10:01 |