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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

/Euro (FOREX:GELEUR)

Bull Market Weakness (+75) - GELEUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GELEUR as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid GELEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for GELEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GELEUR
Open High Low GELEUR Price Change
0.34892762 0.34892762 0.34892762 0.34892762 0.00000000
Entry Signal

MarketClub’s Trade Triangles for GELEUR

long term up The long-term trend has been UP since Feb 2nd, 2024 at 0.34736848

intermediate term up The intermediate-term trend has been UP since Apr 16th, 2024 at 0.34452355

short term up The short-term trend has been UP since May 7th, 2024 at 0.34856316

Smart Scan Analysis for GELEUR

Based on our trend formula, GELEUR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for GELEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.34892762 0.34892762 0.34892762 0.34892762 0.00000000
Prev. Close Volume Bid Ask Time
0.34795563 2024-05-07 10:50:57
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