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Forex Trend Analysis Report

Prepared for you on Saturday, February 22, 2025.

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.

FOREX_EURGEL
Open High Low EURGEL Price Change
2.9434913 2.9434913 2.9434913 2.9434913 0.0000000
Entry Signal

MarketClub’s Trade Triangles for EURGEL

long term down The long-term trend has been DOWN since Nov 18th, 2024 at 2.9248287

intermediate term down The intermediate-term trend has been DOWN since Feb 10th, 2025 at 2.9638504

short term up The short-term trend has been UP since Feb 14th, 2025 at 2.9428185

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).

-75
Smart Scan Analysis for EURGEL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.9434913 2.9434913 2.9434913 2.9434913 0.0000000
Prev. Close Volume Bid Ask Time
2.9434913 2025-02-20 14:11:47
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