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Forex Trend Analysis Report

Prepared for you on Thursday, December 5, 2024.

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, EGPPKR 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.

FOREX_EGPPKR
Open High Low EGPPKR Price Change
5.5989851 5.5989851 5.5989851 5.5989851 0.0000000
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 Sep 24th, 2024 at 5.7489941

short term down The short-term trend has been DOWN since Oct 9th, 2024 at 5.7411619

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).

-100
Smart Scan Analysis for EGPPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.5989851 5.5989851 5.5989851 5.5989851 0.0000000
Prev. Close Volume Bid Ask Time
5.5918591 2024-11-26 12:17:12
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