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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Egyptian Pound/Euro (FOREX:EGPEUR)

Crossroads (-60) - EGPEUR is struggling to move into a solid trend. Beware of choppy markets 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
0.01884056 0.01891719 0.01878499 0.01889431 +0.00005400
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 down The intermediate-term trend has been DOWN since Dec 5th, 2024 at 0.01893617

short term down The short-term trend has been DOWN since Dec 18th, 2024 at 0.01869893

Smart Scan Analysis for EGPEUR

Based on our trend formula, EGPEUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for EGPEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01884056 0.01891719 0.01878499 0.01889431 +0.00005400
Prev. Close Volume Bid Ask Time
0.01890121 2024-12-24 17:13:34
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