Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, September 27, 2023.
Egyptian Pound/US Dollar (FOREX:EGPUSD)
Strong Uptrend (+100) - EGPUSD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EGPUSD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Jul 2nd, 2023 at 0.03251325
The intermediate-term trend has been UP since Sep 18th, 2023 at 0.03246885
The short-term trend has been UP since Sep 18th, 2023 at 0.03246812
Smart Scan Analysis for EGPUSD
Based on our trend formula, EGPUSD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.03233711 | 0.03236841 | 0.03231100 | 0.03236382 | +0.00002700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.03233711 | 2023-09-27 12:10:14 |