Forex Trend Analysis Report
Prepared for you on Friday, April 16, 2021.
Strong Uptrend (+100) - EURGEL is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURGEL continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for EURGEL
The long-term trend has been UP since Apr 12th, 2021 at 4.0581671
The intermediate-term trend has been UP since Mar 31st, 2021 at 3.9807636
The short-term trend has been UP since Mar 29th, 2021 at 3.9640171
Smart Scan Analysis for EURGEL
Based on our trend formula, EURGEL is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).