Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, December 12, 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.

FOREX_USDGMD
Open High Low USDGMD Price Change
72 72 72 72 0
Entry Signal

MarketClub’s Trade Triangles for USDGMD

long term up The long-term trend has been UP since Nov 12th, 2024 at 71.0

intermediate term up The intermediate-term trend has been UP since Nov 12th, 2024 at 70.0

short term up 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).

+70
Smart Scan Analysis for USDGMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
72 72 72 72 0
Prev. Close Volume Bid Ask Time
72 2024-12-09 13:13:25
Get a free daily analysis and signals for US Dollar/Gambian Dalasi (USDGMD) - Request Your Free Report.