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Forex Trend Analysis Report
Prepared for you on Thursday, September 28, 2023.
Egyptian Pound/US Dollar (FOREX:EGPUSD)
Long-Term Uptrend (+90) - EGPUSD is in a strong uptrend that is likely to continue. While EGPUSD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for EGPUSD
The long-term trend has been UP since Jul 2nd, 2023 at 0.03251325
The intermediate-term trend has been UP since Sep 18th, 2023 at 0.03246885
The short-term trend has been UP since Sep 18th, 2023 at 0.03246812
Smart Scan Analysis for EGPUSD
Based on our trend formula, EGPUSD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.03236264 | 0.03236350 | 0.03236069 | 0.03236069 | -0.00000200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.03236264 | 2023-09-28 03:09:53 |