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Forex Trend Analysis Report

Prepared for you on Thursday, April 26, 2018.

US Dollar/Egyptian Pound (FOREX:USDEGP)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
17.7080 17.7115 17.6995 17.7035 -0.0045
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 up The intermediate term trend has been UP since Apr 2nd, 2018 at 17.7006

short term up The short term trend has been UP since Apr 22nd, 2018 at 17.7350

Smart Scan Analysis for USDEGP

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

+100
Smart Scan Analysis for USDEGP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.7080 17.7115 17.6995 17.7035 -0.0045
Prev. Close Volume Bid Ask Time
17.7080 17.6830 17.7240 2018-04-26 01:47:25
Want to analyze US Dollar/Egyptian Pound USDEGP or another symbol? Try our Free Forex Trend Analysis Report.