Forex Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
US Dollar/ (FOREX:USDGEL)
Sidelines Mode (+55) - USDGEL is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid USDGEL?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDGEL.
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 USDGEL
The long-term trend has been UP since Mar 19th, 2024 at 2.695
The intermediate-term trend has been UP since Mar 18th, 2024 at 2.655
The short-term trend has been DOWN since Mar 28th, 2024 at 2.705
Smart Scan Analysis for USDGEL
Based on our trend formula, USDGEL is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
2.7 | 2.7 | 2.7 | 2.7 | 0.0 |
Prev. Close | Volume | Bid | Ask | Time |
2.7 | 2024-03-28 11:04:26 |