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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.

FOREX_USDGEL
Open High Low USDGEL Price Change
2.605 2.605 2.605 2.605 0.000
Entry Signal

MarketClub’s Trade Triangles for USDGEL

long term up The long-term trend has been UP since May 15th, 2023 at 2.67

intermediate term up The intermediate-term trend has been UP since May 11th, 2023 at 2.51

short term up 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).

+70
Smart Scan Analysis for USDGEL
Strong Downtrend Sideways 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
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