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Forex Trend Analysis Report

Prepared for you on Tuesday, November 30, 2021.

US Dollar/ (FOREX:USDGEL)

Weak Downtrend (-65) - USDGEL is showing signs of a strengthening downtrend. Monitor USDGEL as it may be building momentum to the downside.

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

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

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

FOREX_USDGEL
Open High Low USDGEL Price Change
3.115 3.115 3.110 3.110 -0.005
Entry Signal

MarketClub’s Trade Triangles for USDGEL

long term up The long-term trend has been UP since Nov 2nd, 2021 at 3.145

intermediate term down The intermediate-term trend has been DOWN since Nov 17th, 2021 at 3.140

short term down The short-term trend has been DOWN since Nov 12th, 2021 at 3.150

Smart Scan Analysis for USDGEL

Based on our trend formula, USDGEL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for USDGEL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.115 3.115 3.110 3.110 -0.005
Prev. Close Volume Bid Ask Time
3.115 2021-11-24 13:15:59
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