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Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

Egyptian Pound/Pakistani Rupee (FOREX:EGPPKR)

Bear Market Rally (-75) - EGPPKR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EGPPKR as it may be in the beginning of a reversal.

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.

FOREX_EGPPKR
Open High Low EGPPKR Price Change
5.7853719 5.7853719 5.7827769 5.7827769 -0.0025950
Entry Signal

MarketClub’s Trade Triangles for EGPPKR

long term down The long-term trend has been DOWN since Oct 17th, 2023 at 8.9542230

intermediate term down The intermediate-term trend has been DOWN since Mar 6th, 2024 at 9.0395940

short term up The short-term trend has been UP since Apr 22nd, 2024 at 5.7656058

Smart Scan Analysis for EGPPKR

Based on our trend formula, EGPPKR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for EGPPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.7853719 5.7853719 5.7827769 5.7827769 -0.0025950
Prev. Close Volume Bid Ask Time
5.7853719 2024-04-22 14:23:27
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