Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

Euro/Egyptian Pound (FOREX:EUREGP)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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
20.859 20.859 20.745 20.774 -0.085
Entry Signal

MarketClub’s Trade Triangles for EUREGP

long term down The long term trend has been DOWN since May 2nd, 2018 at 21.298

intermediate term up The intermediate term trend has been UP since Jul 9th, 2018 at 21.040

short term down The short term trend has been DOWN since Jul 18th, 2018 at 20.796

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
20.859 20.859 20.745 20.774 -0.085
Prev. Close Volume Bid Ask Time
20.859 20.749 20.799 2018-07-18 06:28:46
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