Forex Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
Egyptian Pound/Euro (FOREX:EGPEUR)
Strong Downtrend (-100) - EGPEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EGPEUR continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid EGPEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for EGPEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EGPEUR
The long-term trend has been DOWN since Oct 26th, 2022 at 0.05042110
The intermediate-term trend has been DOWN since Mar 10th, 2023 at 0.03031959
The short-term trend has been DOWN since Mar 21st, 2023 at 0.03016775
Smart Scan Analysis for EGPEUR
Based on our trend formula, EGPEUR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).