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Forex Trend Analysis Report

Prepared for you on Thursday, February 20, 2020.

Egyptian Pound/US Dollar (FOREX:EGPUSD)

Bull Market Weakness (+75) - EGPUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EGPUSD as it may be in the beginning stages of a reversal.

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.

FOREX_EGPUSD
Open High Low EGPUSD Price Change
0.06410468 0.06424769 0.06361263 0.06405992 -0.00004500
Entry Signal

MarketClub’s Trade Triangles for EGPUSD

long term up The long-term trend has been UP since Jan 28th, 2019 at 0.0562430

intermediate term up The intermediate-term trend has been UP since Dec 16th, 2019 at 0.0621715

short term down The short-term trend has been DOWN since Feb 20th, 2020 at 0.0636325

Smart Scan Analysis for EGPUSD

Based on our trend formula, EGPUSD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for EGPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06410468 0.06424769 0.06361263 0.06405992 -0.00004500
Prev. Close Volume Bid Ask Time
0.06410468 0.06396495 0.06415489 2020-02-20 04:36:18
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