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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Euro/Egyptian Pound (FOREX:EUREGP)
Crossroads (+60) - EUREGP 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 EUREGP?
MarketClub looks at technical strength and momentum to determine if the timing is right for EUREGP.
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 EUREGP
The long-term trend has been DOWN since Nov 11th, 2024 at 52.440
The intermediate-term trend has been UP since Dec 5th, 2024 at 52.809
The short-term trend has been UP since Dec 24th, 2024 at 53.202
Smart Scan Analysis for EUREGP
Based on our trend formula, EUREGP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 53.077 | 53.234 | 52.862 | 52.926 | -0.151 |
| Prev. Close | Volume | Bid | Ask | Time |
| 52.907 | 2024-12-24 17:13:34 |