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Forex Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
Egyptian Pound/US Dollar (FOREX:EGPUSD)
Crossroads (+60) - EGPUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EGPUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EGPUSD.
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 EGPUSD
The long-term trend has been DOWN since Dec 28th, 2023 at 0.03228915
The intermediate-term trend has been UP since Feb 4th, 2025 at 0.01994214
The short-term trend has been UP since Feb 4th, 2025 at 0.01992981
Smart Scan Analysis for EGPUSD
Based on our trend formula, EGPUSD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01986693 | 0.01998957 | 0.01985104 | 0.01989166 | +0.00002500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01986693 | 2025-02-04 22:54:33 |