Forex Trend Analysis Report

Prepared for you on Monday, October 7, 2024.

Euro/Egyptian Pound (FOREX:EUREGP)

Crossroads (-60) - EUREGP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

Open	High	Low	EUREGP Price	Change
53.009	53.177	53.009	53.162	+0.153
Entry Signal

MarketClub’s Trade Triangles for EUREGP

The long-term trend has been UP since Dec 22nd, 2023 at 34.060

The intermediate-term trend has been DOWN since Oct 3rd, 2024 at 53.237

The short-term trend has been DOWN since Sep 26th, 2024 at 53.865

Smart Scan Analysis for EUREGP

Based on our trend formula, EUREGP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
53.009	53.177	53.009	53.162	+0.153
Prev. Close	Volume	Bid	Ask	Time
53.009				2024-10-07 07:30:16

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