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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Egyptian Pound/Brazilian Real (FOREX:EGPBRL)
Countertrend Down (-85) - EGPBRL is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid EGPBRL?
MarketClub looks at technical strength and momentum to determine if the timing is right for EGPBRL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for EGPBRL
The long-term trend has been DOWN since Feb 4th, 2025 at 0.11449206
The intermediate-term trend has been DOWN since Apr 28th, 2025 at 0.11105488
The short-term trend has been UP since May 2nd, 2025 at 0.11219687
Smart Scan Analysis for EGPBRL
Based on our trend formula, EGPBRL is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.11190244 | 0.11236019 | 0.11182444 | 0.11182444 | -0.00007800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.11190244 | 2025-05-09 07:07:26 |