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Forex Trend Analysis Report

Prepared for you on Saturday, June 23, 2018.

US Dollar/Egyptian Pound (FOREX:USDEGP)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_USDEGP
Open High Low USDEGP Price Change
17.8505 17.8505 17.8505 17.8505 0.0000
Entry Signal

MarketClub’s Trade Triangles for USDEGP

long term up The long term trend has been UP since Dec 6th, 2017 at 17.7877

intermediate term down The intermediate term trend has been DOWN since Jun 10th, 2018 at 17.7770

short term up The short term trend has been UP since Jun 20th, 2018 at 17.9045

Smart Scan Analysis for USDEGP

Based on a pre-defined weighted trend formula for chart analysis, USDEGP scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for USDEGP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.8505 17.8505 17.8505 17.8505 0.0000
Prev. Close Volume Bid Ask Time
17.8505 17.8290 17.8720 2018-06-23 02:01:25
Want to analyze US Dollar/Egyptian Pound USDEGP or another symbol? Try our Free Forex Trend Analysis Report.