Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Monday, October 14, 2024.
Egyptian Pound/Brazilian Real (FOREX:EGPBRL)
Bull Market Weakness (+75) - EGPBRL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EGPBRL as it may be in the beginning stages of a reversal.
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 UP since Jul 1st, 2024 at 0.11706388
The intermediate-term trend has been DOWN since Sep 18th, 2024 at 0.11224977
The short-term trend has been UP since Oct 9th, 2024 at 0.11402418
Smart Scan Analysis for EGPBRL
Based on our trend formula, EGPBRL is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.11548412 | 0.11565611 | 0.11532865 | 0.11549717 | +0.00001300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.11548412 | 2024-10-14 06:38:46 |