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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Euro/ (FOREX:EURGEL)

Crossroads (-60) - EURGEL is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_EURGEL
Open High Low EURGEL Price Change
3.4481225 3.5352411 3.4481225 3.5352411 +0.0871190
Entry Signal

MarketClub’s Trade Triangles for EURGEL

long term up The long-term trend has been UP since Mar 19th, 2020 at 3.2911870

intermediate term down The intermediate-term trend has been DOWN since Jun 1st, 2020 at 3.4652878

short term down The short-term trend has been DOWN since Jun 1st, 2020 at 3.5095633

Smart Scan Analysis for EURGEL

Based on our trend formula, EURGEL is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for EURGEL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.4481225 3.5352411 3.4481225 3.5352411 +0.0871190
Prev. Close Volume Bid Ask Time
3.4481225 3.4962699 3.5742122 2020-06-01 16:58:25
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