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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Egyptian Pound/Japanese Yen (FOREX:EGPJPY)
Strong Downtrend (-100) - EGPJPY is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EGPJPY continues to fall. Traders should use caution and set stops.
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 DOWN since Jul 25th, 2024 at 3.1556528
The intermediate-term trend has been DOWN since Jul 17th, 2024 at 3.2794531
The short-term trend has been DOWN since Jul 11th, 2024 at 3.3427738
Smart Scan Analysis for EGPJPY
Based on our trend formula, EGPJPY is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.1811677 | 3.2009385 | 3.1746425 | 3.1808065 | -0.0003610 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.1811677 | 2024-07-26 14:00:13 |