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Forex Trend Analysis Report

Prepared for you on Thursday, May 6, 2021.

Egyptian Pound/Euro (FOREX:EGPEUR)

Weak Downtrend (-65) - EGPEUR is showing signs of a strengthening downtrend. Monitor EGPEUR as it may be building momentum to the downside.

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

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

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

FOREX_EGPEUR
Open High Low EGPEUR Price Change
0.05315765 0.05315765 0.05284304 0.05292975 -0.00022800
Entry Signal

MarketClub’s Trade Triangles for EGPEUR

long term up The long-term trend has been UP since Mar 5th, 2021 at 0.05348175

intermediate term down The intermediate-term trend has been DOWN since Apr 14th, 2021 at 0.05318027

short term down The short-term trend has been DOWN since Apr 13th, 2021 at 0.05336758

Smart Scan Analysis for EGPEUR

Based on our trend formula, EGPEUR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for EGPEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05315765 0.05315765 0.05284304 0.05292975 -0.00022800
Prev. Close Volume Bid Ask Time
0.05315765 2021-05-06 14:57:45
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