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Forex Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
Egyptian Pound/Japanese Yen (FOREX:EGPJPY)
Sidelines Mode (-55) - EGPJPY 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 EGPJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for EGPJPY.
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 EGPJPY
The long-term trend has been UP since Nov 13th, 2024 at 3.1580746
The intermediate-term trend has been DOWN since Jan 27th, 2025 at 3.0775602
The short-term trend has been UP since Feb 3rd, 2025 at 3.0923386
Smart Scan Analysis for EGPJPY
Based on our trend formula, EGPJPY is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.0835768 | 3.0905752 | 3.0470460 | 3.0486653 | -0.0349110 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.0835768 | 2025-02-04 22:54:33 |