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Forex Trend Analysis Report

Prepared for you on Friday, March 23, 2018.

Euro/Egyptian Pound (FOREX:EUREGP)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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.

Open High Low EUREGP Price Change
21.737 21.789 21.731 21.780 +0.043
Entry Signal

MarketClub’s Trade Triangles for EUREGP

long term up The long term trend has been UP since Dec 29th, 2017 at 21.288

intermediate term down The intermediate term trend has been DOWN since Feb 28th, 2018 at 21.561

short term up The short term trend has been UP since Mar 22nd, 2018 at 21.801

Smart Scan Analysis for EUREGP

Based on a pre-defined weighted trend formula for chart analysis, EUREGP scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for EUREGP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.737 21.789 21.731 21.780 +0.043
Prev. Close Volume Bid Ask Time
21.737 21.755 21.805 2018-03-23 14:07:47
Want to analyze Euro/Egyptian Pound EUREGP or another symbol? Try our Free Forex Trend Analysis Report.