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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

US Dollar/Egyptian Pound (FOREX:USDEGP)

Crossroads (-60) - USDEGP 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 USDEGP?

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

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

FOREX_USDEGP
Open High Low USDEGP Price Change
50.617317 50.629900 50.601027 50.620000 +0.002683
Entry Signal

MarketClub’s Trade Triangles for USDEGP

long term up The long-term trend has been UP since Dec 17th, 2023 at 31.102130

intermediate term down The intermediate-term trend has been DOWN since Apr 21st, 2025 at 50.308152

short term down The short-term trend has been DOWN since May 4th, 2025 at 50.738202

Smart Scan Analysis for USDEGP

Based on our trend formula, USDEGP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for USDEGP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
50.617317 50.629900 50.601027 50.620000 +0.002683
Prev. Close Volume Bid Ask Time
50.617317 2025-05-09 05:13:49
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