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Forex Trend Analysis Report

Prepared for you on Thursday, June 20, 2024.

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.

FOREX_EGPEUR
Open High Low EGPEUR Price Change
0.01951334 0.01956297 0.01950915 0.01955073 +0.00003700
Entry Signal

MarketClub’s Trade Triangles for EGPEUR

long term down The long-term trend has been DOWN since Dec 22nd, 2023 at 0.02935997

intermediate term down The intermediate-term trend has been DOWN since May 28th, 2024 at 0.01932592

short term down The short-term trend has been DOWN since Jun 18th, 2024 at 0.01951601

Smart Scan Analysis for EGPEUR

Based on our trend formula, EGPEUR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for EGPEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01951334 0.01956297 0.01950915 0.01955073 +0.00003700
Prev. Close Volume Bid Ask Time
0.01951334 2024-06-20 09:14:31
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