Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, January 15, 2025.

Egyptian Pound/South African Rand (FOREX:EGPZAR)

Bull Market Weakness (+75) - EGPZAR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EGPZAR as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid EGPZAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for EGPZAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EGPZAR
Open High Low EGPZAR Price Change
0.37541081 0.37556470 0.37153023 0.37251681 -0.00289400
Entry Signal

MarketClub’s Trade Triangles for EGPZAR

long term up The long-term trend has been UP since Dec 25th, 2024 at 0.37244862

intermediate term up The intermediate-term trend has been UP since Dec 24th, 2024 at 0.36720436

short term down The short-term trend has been DOWN since Jan 13th, 2025 at 0.37220230

Smart Scan Analysis for EGPZAR

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

+75
Smart Scan Analysis for EGPZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.37541081 0.37556470 0.37153023 0.37251681 -0.00289400
Prev. Close Volume Bid Ask Time
0.37541081 2025-01-15 11:13:14
Get a free daily analysis and signals for Egyptian Pound/South African Rand (EGPZAR) - Request Your Free Report.