Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, February 21, 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.

FOREX_EUREGP
Open High Low EUREGP Price Change
19.930 20.003 19.834 19.926 -0.004
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 Jan 22nd, 2019 at 20.273

short term up The short term trend has been UP since Feb 18th, 2019 at 19.862

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).

-75
Smart Scan Analysis for EUREGP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.930 20.003 19.834 19.926 -0.004
Prev. Close Volume Bid Ask Time
19.930 19.901 19.951 2019-02-21 07:33:54
Want to analyze Euro/Egyptian Pound EUREGP or another symbol? Try our Free Forex Trend Analysis Report.