Forex Trend Analysis Report
Prepared for you on Thursday, May 2, 2024.
Egyptian Pound/Brazilian Real (FOREX:EGPBRL)
Crossroads (+60) - EGPBRL is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Dec 26th, 2023 at 0.15651732
The intermediate-term trend has been UP since Apr 16th, 2024 at 0.10819885
The short-term trend has been UP since Apr 30th, 2024 at 0.10810637
Smart Scan Analysis for EGPBRL
Based on our trend formula, EGPBRL is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.10911398 | 0.10911398 | 0.10785186 | 0.10833243 | -0.00078200 |
Prev. Close | Volume | Bid | Ask | Time |
0.10911398 | 2024-05-02 06:29:55 |