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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 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 Aug 3rd, 2023 at 60.200
The intermediate-term trend has been UP since May 20th, 2024 at 67.775
The short-term trend has been UP since Jun 21st, 2024 at 67.750
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 |
|---|---|---|---|---|
| 67.75 | 67.75 | 67.75 | 67.75 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 67.75 | 2024-07-25 13:27:20 |