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Forex Trend Analysis Report
Prepared for you on Thursday, November 14, 2024.
Egyptian Pound/Brazilian Real (FOREX:EGPBRL)
Sidelines Mode (-55) - EGPBRL is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 DOWN since Nov 7th, 2024 at 0.11452890
The short-term trend has been UP since Nov 14th, 2024 at 0.11824616
Smart Scan Analysis for EGPBRL
Based on our trend formula, EGPBRL is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.11772286 | 0.11857597 | 0.11659793 | 0.11666898 | -0.00105400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.11772286 | 2024-11-14 19:53:07 |