Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
Egyptian Pound/Pakistani Rupee (FOREX:EGPPKR)
Strong Downtrend (-100) - EGPPKR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid EGPPKR?
MarketClub looks at technical strength and momentum to determine if the timing is right for EGPPKR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EGPPKR
The long-term trend has been DOWN since Oct 16th, 2020 at 10.364065
The intermediate-term trend has been DOWN since Jan 4th, 2021 at 10.178121
The short-term trend has been DOWN since Feb 18th, 2021 at 10.170789
Smart Scan Analysis for EGPPKR
Based on our trend formula, EGPPKR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).