Forex Trend Analysis Report
Prepared for you on Sunday, April 2, 2023.
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.
MarketClub’s Trade Triangles for GELEUR
The long-term trend has been DOWN since Dec 29th, 2022 at 0.34865630
The intermediate-term trend has been DOWN since Mar 30th, 2023 at 0.36185773
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).