Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
Countertrend Down (-85) - EURGHS is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid EURGHS?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURGHS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURGHS
The long-term trend has been DOWN since Feb 3rd, 2020 at 6.0330
The intermediate-term trend has been DOWN since Apr 17th, 2020 at 6.2643
The short-term trend has been UP since May 20th, 2020 at 6.2538
Smart Scan Analysis for EURGHS
Based on our trend formula, EURGHS is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).