Forex Trend Analysis Report
Prepared for you on Saturday, February 27, 2021.
Egyptian Pound/US Dollar (FOREX:EGPUSD)
Bull Market Weakness (+75) - EGPUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EGPUSD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid EGPUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EGPUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EGPUSD
The long-term trend has been UP since Sep 2nd, 2020 at 0.06326122
The intermediate-term trend has been UP since Jan 11th, 2021 at 0.06404310
The short-term trend has been UP since Feb 25th, 2021 at 0.06390034
Smart Scan Analysis for EGPUSD
Based on our trend formula, EGPUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).