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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
/US Dollar (FOREX:GELUSD)
Strong Downtrend (-100) - GELUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GELUSD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GELUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GELUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GELUSD
The long-term trend has been DOWN since Mar 19th, 2024 at 0.37108945
The intermediate-term trend has been DOWN since Sep 23rd, 2024 at 0.37108945
The short-term trend has been DOWN since Oct 22nd, 2024 at 0.36703303
Smart Scan Analysis for GELUSD
Based on our trend formula, GELUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.36634461 | 0.36634461 | 0.36634461 | 0.36634461 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.36564171 | 2024-11-18 18:19:04 |