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Forex Trend Analysis Report

Prepared for you on Sunday, April 2, 2023.

/Euro (FOREX:GELEUR)

Long-Term Downtrend (-90) - GELEUR is in a strong downtrend that is likely to continue. While GELEUR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid GELEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for GELEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GELEUR
Open High Low GELEUR Price Change
0.35782648 0.35930071 0.35782648 0.35930071 +0.00147400
Entry Signal

MarketClub’s Trade Triangles for GELEUR

long term down The long-term trend has been DOWN since Dec 29th, 2022 at 0.34865630

intermediate term down The intermediate-term trend has been DOWN since Mar 30th, 2023 at 0.36185773

short term down The short-term trend has been DOWN since Mar 14th, 2023 at 0.36436301

Smart Scan Analysis for GELEUR

Based on our trend formula, GELEUR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for GELEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.35782648 0.35930071 0.35782648 0.35930071 +0.00147400
Prev. Close Volume Bid Ask Time
0.35782648 2023-03-30 11:01:40
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