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Forex Trend Analysis Report

Prepared for you on Tuesday, August 21, 2018.

Egyptian Pound/US Dollar (FOREX:EGPUSD)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

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_EGPUSD
Open High Low EGPUSD Price Change
0.055810 0.056073 0.055810 0.055954 +0.000144
Entry Signal

MarketClub’s Trade Triangles for EGPUSD

long term down The long term trend has been DOWN since May 1st, 2018 at 0.056335

intermediate term up The intermediate term trend has been UP since Jul 22nd, 2018 at 0.056158

short term up The short term trend has been UP since Aug 19th, 2018 at 0.056085

Smart Scan Analysis for EGPUSD

Based on a pre-defined weighted trend formula for chart analysis, EGPUSD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for EGPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.055810 0.056073 0.055810 0.055954 +0.000144
Prev. Close Volume Bid Ask Time
0.055810 0.055886 0.056021 2018-08-21 22:17:14
Want to analyze Egyptian Pound/US Dollar EGPUSD or another symbol? Try our Free Forex Trend Analysis Report.