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Forex Trend Analysis Report

Prepared for you on Friday, December 15, 2017.

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.

FOREX_EUREGP
Open High Low EUREGP Price Change
21.156 21.177 21.025 21.066 -0.090
Entry Signal

MarketClub’s Trade Triangles for EUREGP

long term down The long term trend has been DOWN since Nov 7th, 2017 at 20.444

intermediate term up The intermediate term trend has been UP since Nov 15th, 2017 at 20.901

short term up The short term trend has been UP since Dec 14th, 2017 at 21.047

Smart Scan Analysis for EUREGP

Based on a pre-defined weighted trend formula for chart analysis, EUREGP scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for EUREGP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.156 21.177 21.025 21.066 -0.090
Prev. Close Volume Bid Ask Time
21.049 21.041 21.091 2017-12-14 16:47:23
Want to analyze Euro/Egyptian Pound EUREGP or another symbol? Try our Free Forex Trend Analysis Report.