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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Euro/ (FOREX:EURGEL)
Countertrend Up (+85) - EURGEL is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Apr 3rd, 2025 at 3.0267956
The intermediate-term trend has been UP since Apr 3rd, 2025 at 3.0267956
The short-term trend has been UP since Apr 3rd, 2025 at 3.0016898
Smart Scan Analysis for EURGEL
Based on our trend formula, EURGEL is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.1242912 | 3.1242912 | 3.1242912 | 3.1242912 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.1242912 | 2025-05-07 12:17:18 |