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Forex Trend Analysis Report
Prepared for you on Monday, October 14, 2024.
Euro/ (FOREX:EURGEL)
Weak Downtrend (-65) - EURGEL is showing signs of a strengthening downtrend. Monitor EURGEL as it may be building momentum to the downside.
Is it time to buy, sell, or avoid EURGEL?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURGEL.
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 EURGEL
The long-term trend has been UP since May 15th, 2024 at 2.9477067
The intermediate-term trend has been DOWN since Oct 9th, 2024 at 2.9961756
The short-term trend has been DOWN since Oct 2nd, 2024 at 3.0321948
Smart Scan Analysis for EURGEL
Based on our trend formula, EURGEL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.9725735 | 2.9725735 | 2.9725735 | 2.9725735 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.9725735 | 2024-10-11 18:19:59 |