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Forex Trend Analysis Report
Prepared for you on Saturday, June 10, 2023.
US Dollar/ (FOREX:USDGEL)
Bull Market Weakness (+75) - USDGEL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDGEL as it may be in the beginning stages of a reversal.
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 May 15th, 2023 at 2.67
The intermediate-term trend has been UP since May 11th, 2023 at 2.51
The short-term trend has been UP since May 11th, 2023 at 2.50
Smart Scan Analysis for USDGEL
Based on our trend formula, USDGEL is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.605 | 2.605 | 2.605 | 2.605 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.605 | 2023-06-09 15:57:15 |