Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Egyptian Pound/Euro (FOREX:EGPEUR)

Countertrend Up (+85) - EGPEUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

FOREX_EGPEUR
Open High Low EGPEUR Price Change
0.01905634 0.01910403 0.01905525 0.01907014 +0.00001400
Entry Signal

MarketClub’s Trade Triangles for EGPEUR

long term up The long-term trend has been UP since Nov 11th, 2024 at 0.01906942

intermediate term up The intermediate-term trend has been UP since Nov 11th, 2024 at 0.01906942

short term down The short-term trend has been DOWN since Nov 19th, 2024 at 0.01907196

Smart Scan Analysis for EGPEUR

Based on our trend formula, EGPEUR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for EGPEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01905634 0.01910403 0.01905525 0.01907014 +0.00001400
Prev. Close Volume Bid Ask Time
0.01905634 2024-11-20 03:35:43
Get a free daily analysis and signals for Egyptian Pound/Euro (EGPEUR) - Request Your Free Report.