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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Egyptian Pound/Brazilian Real (FOREX:EGPBRL)
Bear Market Rally (-75) - EGPBRL is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EGPBRL as it may be in the beginning 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 DOWN since Feb 4th, 2025 at 0.11449206
The intermediate-term trend has been DOWN since Jan 15th, 2025 at 0.11918132
The short-term trend has been UP since Feb 20th, 2025 at 0.11322350
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 |
|---|---|---|---|---|
| 0.11272484 | 0.11337760 | 0.11260346 | 0.11330963 | +0.00058500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.11272484 | 2025-02-21 17:00:13 |