Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Egyptian Pound/Brazilian Real (FOREX:EGPBRL)
Bull Market Weakness (+75) - EGPBRL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EGPBRL as it may be in the beginning stages of a reversal.
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 DOWN since Dec 26th, 2023 at 0.15651732
The intermediate-term trend has been UP since Apr 16th, 2024 at 0.10819885
The short-term trend has been UP since Apr 16th, 2024 at 0.10819885
Smart Scan Analysis for EGPBRL
Based on our trend formula, EGPBRL is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.10797511 | 0.10917585 | 0.10729349 | 0.10767334 | -0.00030200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.10797511 | 2024-04-19 16:01:12 |