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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Egyptian Pound/Japanese Yen (FOREX:EGPJPY)
Long-Term Downtrend (-90) - EGPJPY is in a strong downtrend that is likely to continue. While EGPJPY is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid EGPJPY?
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.
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MarketClub’s Trade Triangles for EGPJPY
The long-term trend has been DOWN since Feb 20th, 2025 at 2.9638587
The intermediate-term trend has been DOWN since Jan 27th, 2025 at 3.0775602
The short-term trend has been DOWN since Feb 14th, 2025 at 3.0091567
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.9489965 | 2.9489965 | 2.9489965 | 2.9489965 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.9489965 | 2025-02-22 01:41:04 |