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Index Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

Morningstar Egypt Index PR EGP (CME:MSEGEGPP)

Long-Term Downtrend (-90) - MSEGEGPP is in a strong downtrend that is likely to continue. While MSEGEGPP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid MSEGEGPP?

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

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

CME_MSEGEGPP
Open High Low MSEGEGPP Price Change
18698.24 18796.23 18507.86 18628.88 -69.36
Entry Signal

MarketClub’s Trade Triangles for MSEGEGPP

long term down The long-term trend has been DOWN since Feb 24th, 2022 at 24245.96

intermediate term down The intermediate-term trend has been DOWN since May 17th, 2022 at 22276.20

short term down The short-term trend has been DOWN since Jun 13th, 2022 at 21510.85

Smart Scan Analysis for MSEGEGPP

Based on our trend formula, MSEGEGPP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for MSEGEGPP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18698.24 18796.23 18507.86 18628.88 -69.36
Prev. Close Volume Bid Ask Time
18698.24 0 2022-07-05 13:48:19
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