Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, December 11, 2024.

British Pound/Egyptian Pound (FOREX:GBPEGP)

Strong Uptrend (+100) - GBPEGP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPEGP 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 GBPEGP?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPEGP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPEGP
Open High Low GBPEGP Price Change
64.415128 64.724405 64.249082 64.553787 +0.138659
Entry Signal

MarketClub’s Trade Triangles for GBPEGP

long term up The long-term trend has been UP since Dec 1st, 2023 at 39.387625

intermediate term up The intermediate-term trend has been UP since Dec 5th, 2024 at 63.734832

short term up The short-term trend has been UP since Dec 4th, 2024 at 63.271521

Smart Scan Analysis for GBPEGP

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

+100
Smart Scan Analysis for GBPEGP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
64.415128 64.724405 64.249082 64.553787 +0.138659
Prev. Close Volume Bid Ask Time
64.415128 2024-12-11 16:22:37
Get a free daily analysis and signals for British Pound/Egyptian Pound (GBPEGP) - Request Your Free Report.