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Forex Trend Analysis Report

Prepared for you on Monday, August 3, 2020.

Euro/Egyptian Pound (FOREX:EUREGP)

Strong Uptrend (+100) - EUREGP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EUREGP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
18.778 18.790 18.685 18.783 +0.005
Entry Signal

MarketClub’s Trade Triangles for EUREGP

long term up The long-term trend has been UP since Jun 3rd, 2020 at 18.009

intermediate term up The intermediate-term trend has been UP since Jul 20th, 2020 at 18.330

short term up The short-term trend has been UP since Jul 15th, 2020 at 18.226

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
18.778 18.790 18.685 18.783 +0.005
Prev. Close Volume Bid Ask Time
18.778 18.758 18.808 2020-08-03 19:10:57
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