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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Euro/Gambian Dalasi (FOREX:EURGMD)

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

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
73.75897 73.75897 73.75897 73.75897 0.00000
Entry Signal

MarketClub’s Trade Triangles for EURGMD

long term up The long-term trend has been UP since Sep 25th, 2023 at 67.021796

intermediate term up The intermediate-term trend has been UP since Feb 21st, 2024 at 73.034620

short term down The short-term trend has been DOWN since Mar 15th, 2024 at 74.135140

Smart Scan Analysis for EURGMD

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

+65
Smart Scan Analysis for EURGMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
73.75897 73.75897 73.75897 73.75897 0.00000
Prev. Close Volume Bid Ask Time
73.75897 2024-03-19 12:08:04
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