Forex Trend Analysis Report
Prepared for you on Tuesday, November 28, 2023.
Countertrend Up (+85) - EURGEL is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
MarketClub’s Trade Triangles for EURGEL
The long-term trend has been UP since Sep 21st, 2023 at 2.8693292
The intermediate-term trend has been UP since Sep 19th, 2023 at 2.8162214
The short-term trend has been UP since Oct 6th, 2023 at 2.8163666
Smart Scan Analysis for EURGEL
Based on our trend formula, EURGEL is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).