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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Euro/Egyptian Pound (FOREX:EUREGP)
Weak Downtrend (-65) - EUREGP is showing signs of a strengthening downtrend. Monitor EUREGP as it may be building momentum to the downside.
Is it time to buy, sell, or avoid EUREGP?
MarketClub looks at technical strength and momentum to determine if the timing is right for EUREGP.
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 EUREGP
The long-term trend has been UP since Mar 4th, 2025 at 53.691
The intermediate-term trend has been DOWN since May 5th, 2025 at 57.341
The short-term trend has been DOWN since May 8th, 2025 at 57.169
Smart Scan Analysis for EUREGP
Based on our trend formula, EUREGP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 56.824 | 56.978 | 56.823 | 56.934 | +0.110 |
| Prev. Close | Volume | Bid | Ask | Time |
| 56.824 | 2025-05-09 07:02:50 |