Forex Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
Egyptian Pound/Euro (FOREX:EGPEUR)
Weak Downtrend (-65) - EGPEUR is showing signs of a strengthening downtrend. Monitor EGPEUR as it may be building momentum to the downside.
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 Mar 21st, 2022 at 0.05533739
The intermediate-term trend has been DOWN since May 23rd, 2022 at 0.05090621
The short-term trend has been UP since Jun 28th, 2022 at 0.05064325
Smart Scan Analysis for EGPEUR
Based on our trend formula, EGPEUR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).