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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Egyptian Pound/Brazilian Real (FOREX:EGPBRL)
Strong Uptrend (+100) - EGPBRL is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EGPBRL continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Apr 16th, 2024 at 0.10819885
The short-term trend has been UP since Jul 18th, 2024 at 0.11429028
Smart Scan Analysis for EGPBRL
Based on our trend formula, EGPBRL is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.11675356 | 0.11734435 | 0.11621284 | 0.11712798 | +0.00037400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.11675356 | 2024-07-26 17:01:27 |