Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
Egyptian Pound/Japanese Yen (FOREX:EGPJPY)
Bull Market Weakness (+75) - EGPJPY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EGPJPY as it may be in the beginning stages of a reversal.
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 Jul 25th, 2024 at 3.1556528
The intermediate-term trend has been UP since Oct 2nd, 2024 at 3.0280089
The short-term trend has been UP since Oct 22nd, 2024 at 3.1000482
Smart Scan Analysis for EGPJPY
Based on our trend formula, EGPJPY is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.1096551 | 3.1209848 | 3.1085568 | 3.1209848 | +0.0113300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.1096551 | 2024-10-25 15:01:48 |