Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Strong Uptrend (+100) - EURGEL is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURGEL continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Mar 19th, 2020 at 3.2911870
The intermediate-term trend has been UP since Feb 22nd, 2021 at 4.0263654
The short-term trend has been UP since Feb 19th, 2021 at 3.9964980
Smart Scan Analysis for EURGEL
Based on our trend formula, EURGEL is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).