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Forex Trend Analysis Report

Prepared for you on Friday, May 20, 2022.

Egyptian Pound/Pakistani Rupee (FOREX:EGPPKR)

Sidelines Mode (+50) - EGPPKR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EGPPKR can gain momentum.

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

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

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

FOREX_EGPPKR
Open High Low EGPPKR Price Change
10.952381 10.952381 10.950292 10.950292 -0.002089
Entry Signal

MarketClub’s Trade Triangles for EGPPKR

long term down The long-term trend has been DOWN since Mar 21st, 2022 at 10.835470

intermediate term up The intermediate-term trend has been UP since May 6th, 2022 at 10.086048

short term up The short-term trend has been UP since Apr 22nd, 2022 at 9.896146

Smart Scan Analysis for EGPPKR

Based on our trend formula, EGPPKR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for EGPPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.952381 10.952381 10.950292 10.950292 -0.002089
Prev. Close Volume Bid Ask Time
10.952381 2022-05-20 13:39:26
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