Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
Egyptian Pound/Japanese Yen (FOREX:EGPJPY)
Bear Market Rally (-75) - EGPJPY is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EGPJPY as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid EGPJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for EGPJPY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
MarketClub’s Trade Triangles for EGPJPY
The long-term trend has been DOWN since Dec 7th, 2023 at 4.6783624
The intermediate-term trend has been DOWN since Mar 6th, 2024 at 4.8202284
The short-term trend has been UP since Mar 12th, 2024 at 3.0054735
Smart Scan Analysis for EGPJPY
Based on our trend formula, EGPJPY is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
3.1803064 | 3.1944621 | 3.1772992 | 3.1887117 | +0.0084050 |
Prev. Close | Volume | Bid | Ask | Time |
3.1803064 | 2024-03-19 05:06:21 |