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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Euro/ (FOREX:EURGEL)
Crossroads (-60) - EURGEL is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Jun 20th, 2024 at 3.0065918
The short-term trend has been DOWN since Jul 8th, 2024 at 2.9975012
Smart Scan Analysis for EURGEL
Based on our trend formula, EURGEL is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.9592385 | 2.9592385 | 2.9482989 | 2.9482989 | -0.0109400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.9592385 | 2024-07-25 12:05:15 |