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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

Egyptian Pound/Euro (FOREX:EGPEUR)

Sidelines Mode (-55) - EGPEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.05275662 0.05287657 0.05263167 0.05283746 +0.00008100
Entry Signal

MarketClub’s Trade Triangles for EGPEUR

long term down The long-term trend has been DOWN since Dec 3rd, 2020 at 0.05250731

intermediate term down The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 0.05235611

short term up The short-term trend has been UP since Feb 26th, 2021 at 0.05265939

Smart Scan Analysis for EGPEUR

Based on our trend formula, EGPEUR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for EGPEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05275662 0.05287657 0.05263167 0.05283746 +0.00008100
Prev. Close Volume Bid Ask Time
0.05275662 2021-03-01 07:38:58
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