Forex Trend Analysis Report
Prepared for you on Thursday, March 23, 2023.
Euro/Egyptian Pound (FOREX:EUREGP)
Strong Uptrend (+100) - EUREGP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EUREGP 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 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.
MarketClub’s Trade Triangles for EUREGP
The long-term trend has been UP since Oct 26th, 2022 at 19.833
The intermediate-term trend has been UP since Mar 10th, 2023 at 32.982
The short-term trend has been UP since Mar 21st, 2023 at 33.148
Smart Scan Analysis for EUREGP
Based on our trend formula, EUREGP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).