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Index Trend Analysis Report

Prepared for you on Thursday, July 18, 2019.

Morningstar Egypt Index PR EGP (CME:MSEGEGPP)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

CME_MSEGEGPP
Open High Low MSEGEGPP Price Change
28104 28204 27973 28104 +47
Entry Signal

MarketClub’s Trade Triangles for MSEGEGPP

long term down The long term trend has been DOWN since May 16th, 2019 at 28388

intermediate term down The intermediate term trend has been DOWN since Jul 11th, 2019 at 28683

short term down The short term trend has been DOWN since Jul 11th, 2019 at 28878

Smart Scan Analysis for MSEGEGPP

Based on a pre-defined weighted trend formula for chart analysis, MSEGEGPP scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for MSEGEGPP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28104 28204 27973 28104 +47
Prev. Close Volume Bid Ask Time
28869 0 2019-07-18 14:58:49
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