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Forex Trend Analysis Report

Prepared for you on Monday, July 16, 2018.

Egyptian Pound/Japanese Yen (FOREX:EGPJPY)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_EGPJPY
Open High Low EGPJPY Price Change
6.28440 6.29135 6.27105 6.27195 -0.01245
Entry Signal

MarketClub’s Trade Triangles for EGPJPY

long term up The long term trend has been UP since May 2nd, 2018 at 6.22405

intermediate term up The intermediate term trend has been UP since Jul 3rd, 2018 at 6.21290

short term up The short term trend has been UP since Jul 10th, 2018 at 6.19675

Smart Scan Analysis for EGPJPY

Based on a pre-defined weighted trend formula for chart analysis, EGPJPY scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for EGPJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.28440 6.29135 6.27105 6.27195 -0.01245
Prev. Close Volume Bid Ask Time
6.28440 6.26450 6.27940 2018-07-16 17:49:32
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