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Forex Trend Analysis Report

Prepared for you on Wednesday, March 3, 2021.

Euro/Egyptian Pound (FOREX:EUREGP)

Sidelines Mode (+55) - EUREGP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

FOREX_EUREGP
Open High Low EUREGP Price Change
18.952 18.990 18.843 18.854 -0.098
Entry Signal

MarketClub’s Trade Triangles for EUREGP

long term up The long-term trend has been UP since Dec 3rd, 2020 at 19.045

intermediate term up The intermediate-term trend has been UP since Feb 23rd, 2021 at 19.100

short term down The short-term trend has been DOWN since Feb 26th, 2021 at 18.990

Smart Scan Analysis for EUREGP

Based on our trend formula, EUREGP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for EUREGP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.952 18.990 18.843 18.854 -0.098
Prev. Close Volume Bid Ask Time
18.952 2021-03-03 09:08:37
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