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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

US Dollar/Gambian Dalasi (FOREX:USDGMD)

Sidelines Mode (-55) - USDGMD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ?

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
51.12 51.12 51.12 51.12 0.00
Entry Signal

MarketClub’s Trade Triangles for USDGMD

long term up The long-term trend has been UP since Jun 12th, 2019 at 49.765

intermediate term down The intermediate-term trend has been DOWN since Jan 31st, 2020 at 51.100

short term up The short-term trend has been UP since Feb 11th, 2020 at 51.105

Smart Scan Analysis for USDGMD

Based on our trend formula, USDGMD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for USDGMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
51.12 51.12 51.12 51.12 0.00
Prev. Close Volume Bid Ask Time
51.10 50.87 51.37 2020-02-11 11:35:05
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