Forex Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
Euro/ (FOREX:EURGEL)
Bear Market Rally (-75) - EURGEL is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURGEL as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid EURGEL?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURGEL.
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 EURGEL
The long-term trend has been DOWN since Feb 2nd, 2024 at 2.8791455
The intermediate-term trend has been UP since Mar 1st, 2024 at 2.8671741
The short-term trend has been DOWN since Mar 28th, 2024 at 2.9289632
Smart Scan Analysis for EURGEL
Based on our trend formula, EURGEL is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
2.9166644 | 2.9166644 | 2.9166644 | 2.9166644 | 0.0000000 |
Prev. Close | Volume | Bid | Ask | Time |
2.9166644 | 2024-03-28 11:04:26 |