Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Egyptian Pound/Japanese Yen (FOREX:EGPJPY)
Strong Uptrend (+100) - EGPJPY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EGPJPY continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for EGPJPY
The long-term trend has been UP since Feb 8th, 2021 at 6.7572720
The intermediate-term trend has been UP since Jan 11th, 2021 at 6.6437984
The short-term trend has been UP since Feb 24th, 2021 at 6.7549690
Smart Scan Analysis for EGPJPY
Based on our trend formula, EGPJPY is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).