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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
US Dollar/Gambian Dalasi (FOREX:USDGMD)
Bull Market Weakness (+75) - USDGMD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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.
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MarketClub’s Trade Triangles for USDGMD
The long-term trend has been UP since Nov 12th, 2024 at 71.0
The intermediate-term trend has been UP since Nov 12th, 2024 at 70.0
The short-term trend has been UP since Oct 17th, 2024 at 68.5
Smart Scan Analysis for USDGMD
Based on our trend formula, USDGMD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 70.5 | 70.5 | 70.5 | 70.5 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 70.5 | 2024-11-18 16:10:01 |