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Forex Trend Analysis Report

Prepared for you on Tuesday, April 30, 2024.

/US Dollar (FOREX:GELUSD)

Bear Market Rally (-75) - GELUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GELUSD as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid GELUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for GELUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GELUSD
Open High Low GELUSD Price Change
0.37315511 0.37315511 0.37315511 0.37315511 0.00000000
Entry Signal

MarketClub’s Trade Triangles for GELUSD

long term down The long-term trend has been DOWN since Mar 19th, 2024 at 0.37108945

intermediate term up The intermediate-term trend has been UP since Apr 16th, 2024 at 0.37386443

short term down The short-term trend has been DOWN since Apr 22nd, 2024 at 0.37526755

Smart Scan Analysis for GELUSD

Based on our trend formula, GELUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for GELUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.37315511 0.37315511 0.37315511 0.37315511 0.00000000
Prev. Close Volume Bid Ask Time
0.37315511 2024-04-25 13:23:42
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