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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
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.
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MarketClub’s Trade Triangles for GBPEGP
The long-term trend has been UP since Mar 5th, 2025 at 65.256149
The intermediate-term trend has been DOWN since May 8th, 2025 at 66.962782
The short-term trend has been DOWN since May 8th, 2025 at 67.225190
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 |
|---|---|---|---|---|
| 66.993639 | 67.240370 | 66.944024 | 67.211280 | +0.217641 |
| Prev. Close | Volume | Bid | Ask | Time |
| 66.993639 | 2025-05-09 08:08:08 |