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Forex Trend Analysis Report

Prepared for you on Thursday, February 25, 2021.

Egyptian Pound/Euro (FOREX:EGPEUR)

Strong Downtrend (-100) - EGPEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
0.05234789 0.05257633 0.05198325 0.05228767 -0.00006000
Entry Signal

MarketClub’s Trade Triangles for EGPEUR

long term down The long-term trend has been DOWN since Dec 3rd, 2020 at 0.05250731

intermediate term down The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 0.05235611

short term down The short-term trend has been DOWN since Feb 22nd, 2021 at 0.05259292

Smart Scan Analysis for EGPEUR

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

-100
Smart Scan Analysis for EGPEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05234789 0.05257633 0.05198325 0.05228767 -0.00006000
Prev. Close Volume Bid Ask Time
0.05234789 2021-02-25 17:22:06
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