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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

US Dollar/Gambian Dalasi (FOREX:USDGMD)

Weak Uptrend (+65) - USDGMD is showing signs of weakening momentum to the upside. Monitor USDGMD as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid USDGMD?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDGMD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDGMD
Open High Low USDGMD Price Change
51.45 51.45 51.45 51.45 0.00
Entry Signal

MarketClub’s Trade Triangles for USDGMD

long term up The long-term trend has been UP since May 11th, 2020 at 51.12

intermediate term up The intermediate-term trend has been UP since Apr 9th, 2020 at 50.95

short term down The short-term trend has been DOWN since May 20th, 2020 at 51.50

Smart Scan Analysis for USDGMD

Based on our trend formula, USDGMD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for USDGMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
51.45 51.45 51.45 51.45 0.00
Prev. Close Volume Bid Ask Time
51.45 51.20 51.70 2020-05-22 09:42:41
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