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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Egyptian Pound/Japanese Yen (FOREX:EGPJPY)

Long-Term Uptrend (+90) - EGPJPY is in a strong uptrend that is likely to continue. While EGPJPY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid ?

MarketClub looks at technical strength and momentum to determine if the timing is right for EGPJPY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EGPJPY
Open High Low EGPJPY Price Change
7.019002 7.041441 7.002368 7.024771 +0.005769
Entry Signal

MarketClub’s Trade Triangles for EGPJPY

long term up The long-term trend has been UP since Sep 16th, 2019 at 6.606250

intermediate term up The intermediate-term trend has been UP since Feb 10th, 2020 at 7.001361

short term up The short-term trend has been UP since Feb 4th, 2020 at 6.906558

Smart Scan Analysis for EGPJPY

Based on our trend formula, EGPJPY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for EGPJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.019002 7.041441 7.002368 7.024771 +0.005769
Prev. Close Volume Bid Ask Time
7.019002 7.014407 7.035134 2020-02-17 16:32:04
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