Stock Trend Analysis Report
Prepared for you on Wednesday, September 28, 2022.
GALAXY DIGITAL HOLDINGS LTD (TSE:GLXY)
Long-Term Downtrend (-90) - GLXY is in a strong downtrend that is likely to continue. While GLXY is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GLXY?
MarketClub looks at technical strength and momentum to determine if the timing is right for GLXY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GLXY
The long-term trend has been DOWN since Jan 10th, 2022 at 20.20
The intermediate-term trend has been DOWN since Sep 23rd, 2022 at 6.25
The short-term trend has been DOWN since Sep 22nd, 2022 at 6.70
Smart Scan Analysis for GLXY
Based on our trend formula, GLXY is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).