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Forex Trend Analysis Report

Prepared for you on Tuesday, December 1, 2020.

Egyptian Pound/US Dollar (FOREX:EGPUSD)

Weak Uptrend (+65) - EGPUSD is showing signs of weakening momentum to the upside. Monitor 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.

FOREX_EGPUSD
Open High Low EGPUSD Price Change
0.06387885 0.06394166 0.06371452 0.06385959 -0.00001900
Entry Signal

MarketClub’s Trade Triangles for EGPUSD

long term up The long-term trend has been UP since Sep 2nd, 2020 at 0.06326122

intermediate term up The intermediate-term trend has been UP since Nov 9th, 2020 at 0.06393739

short term down The short-term trend has been DOWN since Nov 23rd, 2020 at 0.06389101

Smart Scan Analysis for EGPUSD

Based on our trend formula, EGPUSD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for EGPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06387885 0.06394166 0.06371452 0.06385959 -0.00001900
Prev. Close Volume Bid Ask Time
0.06387885 2020-12-01 09:31:10
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