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Forex Trend Analysis Report

Prepared for you on Monday, March 27, 2023.

Euro/Gambian Dalasi (FOREX:EURGMD)

Sidelines Mode (+50) - EURGMD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURGMD can gain momentum.

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.

FOREX_EURGMD
Open High Low EURGMD Price Change
64.867259 64.867259 64.867259 64.867259 0.000000
Entry Signal

MarketClub’s Trade Triangles for EURGMD

long term down The long-term trend has been DOWN since Mar 2nd, 2023 at 64.658596

intermediate term up The intermediate-term trend has been UP since Mar 14th, 2023 at 64.866816

short term up The short-term trend has been UP since Mar 14th, 2023 at 64.866816

Smart Scan Analysis for EURGMD

Based on our trend formula, EURGMD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for EURGMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
64.867259 64.867259 64.867259 64.867259 0.000000
Prev. Close Volume Bid Ask Time
64.867259 2023-03-15 11:26:44
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