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.
MarketClub’s Trade Triangles for EGPPKR
The long-term trend has been DOWN since Mar 21st, 2022 at 10.835470
The intermediate-term trend has been UP since May 6th, 2022 at 10.086048
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).