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Forex Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
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.
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MarketClub’s Trade Triangles for EGPEUR
The long-term trend has been UP since Sep 18th, 2023 at 0.03039423
The intermediate-term trend has been DOWN since Oct 23rd, 2023 at 0.03041919
The short-term trend has been UP since Nov 30th, 2023 at 0.02965218
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02948549 | 0.02966568 | 0.02942996 | 0.02966568 | +0.00018000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02948549 | 2023-11-30 06:35:33 |