Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, July 6, 2022.
British Pound/Egyptian Pound (FOREX:GBPEGP)
Crossroads (-60) - GBPEGP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for GBPEGP
The long-term trend has been UP since Mar 21st, 2022 at 21.654051
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 22.777761
The short-term trend has been DOWN since Jul 5th, 2022 at 22.516908
Smart Scan Analysis for GBPEGP
Based on our trend formula, GBPEGP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 22.560482 | 22.650560 | 22.412776 | 22.556946 | -0.003536 |
| Prev. Close | Volume | Bid | Ask | Time |
| 22.560482 | 2022-07-06 23:51:50 |