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Forex Trend Analysis Report

Prepared for you on Wednesday, April 1, 2020.

Euro/Egyptian Pound (FOREX:EUREGP)

Strong Downtrend (-100) - EUREGP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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.

FOREX_EUREGP
Open High Low EUREGP Price Change
17.349 17.356 17.185 17.212 -0.137
Entry Signal

MarketClub’s Trade Triangles for EUREGP

long term down The long-term trend has been DOWN since May 2nd, 2018 at 21.298

intermediate term down The intermediate-term trend has been DOWN since Mar 20th, 2020 at 16.778

short term down The short-term trend has been DOWN since Mar 31st, 2020 at 17.257

Smart Scan Analysis for EUREGP

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

-100
Smart Scan Analysis for EUREGP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.349 17.356 17.185 17.212 -0.137
Prev. Close Volume Bid Ask Time
17.349 17.187 17.237 2020-04-01 14:20:20
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