Forex Trend Analysis Report
Prepared for you on Thursday, August 6, 2020.
Egyptian Pound/Pakistani Rupee (FOREX:EGPPKR)
Weak Uptrend (+65) - EGPPKR is showing signs of weakening momentum to the upside. Monitor EGPPKR as it may be in the beginning stages of a reversal.
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 UP since Jan 18th, 2019 at 7.809800
The intermediate-term trend has been UP since Jun 25th, 2020 at 10.363181
The short-term trend has been DOWN since Jul 22nd, 2020 at 10.489423
Smart Scan Analysis for EGPPKR
Based on our trend formula, EGPPKR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).