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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

/US Dollar (FOREX:GELUSD)

Crossroads (-60) - GELUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_GELUSD
Open High Low GELUSD Price Change
0.36700337 0.36838535 0.36700337 0.36838535 +0.00138200
Entry Signal

MarketClub’s Trade Triangles for GELUSD

long term down The long-term trend has been DOWN since Mar 19th, 2024 at 0.37108945

intermediate term up The intermediate-term trend has been UP since Jun 20th, 2024 at 0.35978672

short term up The short-term trend has been UP since Jun 18th, 2024 at 0.34968883

Smart Scan Analysis for GELUSD

Based on our trend formula, GELUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for GELUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.36700337 0.36838535 0.36700337 0.36838535 +0.00138200
Prev. Close Volume Bid Ask Time
0.36700337 2024-07-25 12:05:15
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