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.
MarketClub’s Trade Triangles for USDGMD
The long-term trend has been UP since May 11th, 2020 at 51.12
The intermediate-term trend has been UP since Apr 9th, 2020 at 50.95
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).