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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
US Dollar/Gambian Dalasi (FOREX:USDGMD)
Weak Uptrend (+65) - USDGMD is showing signs of weakening momentum to the upside. Monitor 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 Apr 16th, 2024 at 67.925
The short-term trend has been DOWN since Apr 22nd, 2024 at 67.925
Smart Scan Analysis for USDGMD
Based on our trend formula, USDGMD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 67.925 | 67.925 | 67.925 | 67.925 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 67.935 | 2024-04-23 12:01:33 |