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Forex Trend Analysis Report

Prepared for you on Tuesday, February 11, 2025.

Euro/Egyptian Pound (FOREX:EUREGP)

Long-Term Downtrend (-90) - EUREGP is in a strong downtrend that is likely to continue. While EUREGP is showing intraday strength, it remains in the confines of a bearish trend. 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
51.805 52.030 51.805 52.011 +0.206
Entry Signal

MarketClub’s Trade Triangles for EUREGP

long term down The long-term trend has been DOWN since Nov 11th, 2024 at 52.440

intermediate term down The intermediate-term trend has been DOWN since Feb 3rd, 2025 at 51.442

short term down The short-term trend has been DOWN since Feb 10th, 2025 at 51.878

Smart Scan Analysis for EUREGP

Based on our trend formula, EUREGP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for EUREGP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
51.805 52.030 51.805 52.011 +0.206
Prev. Close Volume Bid Ask Time
51.805 2025-02-11 04:06:43
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