Forex Trend Analysis Report
Prepared for you on Wednesday, April 1, 2020.
Egyptian Pound/Euro (FOREX:EGPEUR)
Strong Uptrend (+100) - EGPEUR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EGPEUR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since May 2nd, 2018 at 0.04695500
The intermediate-term trend has been UP since Mar 20th, 2020 at 0.05960199
The short-term trend has been UP since Mar 31st, 2020 at 0.05794762
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).