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Forex Trend Analysis Report
Prepared for you on Saturday, September 7, 2024.
Egyptian Pound/Brazilian Real (FOREX:EGPBRL)
Countertrend Up (+85) - EGPBRL is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid EGPBRL?
MarketClub looks at technical strength and momentum to determine if the timing is right for EGPBRL.
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 EGPBRL
The long-term trend has been UP since Jul 1st, 2024 at 0.11706388
The intermediate-term trend has been UP since Sep 3rd, 2024 at 0.11702107
The short-term trend has been DOWN since Sep 5th, 2024 at 0.11503167
Smart Scan Analysis for EGPBRL
Based on our trend formula, EGPBRL is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.11493552 | 0.11562296 | 0.11419472 | 0.11559497 | +0.00065900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.11493552 | 2024-09-06 17:03:10 |