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Forex Trend Analysis Report

Prepared for you on Friday, July 19, 2024.

/Euro (FOREX:GELEUR)

Sidelines Mode (+50) - GELEUR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GELEUR can gain momentum.

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
0.33685924 0.33685924 0.33685924 0.33685924 0.00000000
Entry Signal

MarketClub’s Trade Triangles for GELEUR

long term down The long-term trend has been DOWN since May 15th, 2024 at 0.33930316

intermediate term up The intermediate-term trend has been UP since Jun 20th, 2024 at 0.33267139

short term up The short-term trend has been UP since Jul 8th, 2024 at 0.33374326

Smart Scan Analysis for GELEUR

Based on our trend formula, GELEUR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for GELEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.33685924 0.33685924 0.33685924 0.33685924 0.00000000
Prev. Close Volume Bid Ask Time
0.33685924 2024-07-15 14:19:56
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