Forex Trend Analysis Report
Prepared for you on Wednesday, March 29, 2023.
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.
MarketClub’s Trade Triangles for GBPEGP
The long-term trend has been UP since Oct 27th, 2022 at 23.520706
The intermediate-term trend has been UP since Mar 10th, 2023 at 37.409239
The short-term trend has been UP since Mar 28th, 2023 at 38.074730
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).