Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, September 15, 2019.

Euro/Egyptian Pound (FOREX:EUREGP)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low EUREGP Price Change
18.212 18.212 18.190 18.190 -0.022
Entry Signal

MarketClub’s Trade Triangles for EUREGP

long term down The long term trend has been DOWN since May 2nd, 2018 at 21.298

intermediate term down The intermediate term trend has been DOWN since Jul 3rd, 2019 at 18.726

short term up The short term trend has been UP since Sep 13th, 2019 at 18.219

Smart Scan Analysis for EUREGP

Based on a pre-defined weighted trend formula for chart analysis, EUREGP scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for EUREGP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.212 18.212 18.190 18.190 -0.022
Prev. Close Volume Bid Ask Time
18.212 18.165 18.215 2019-09-15 20:00:18
Want to analyze Euro/Egyptian Pound EUREGP or another symbol? Try our Free Forex Trend Analysis Report.