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Forex Trend Analysis Report

Prepared for you on Monday, March 30, 2020.

Euro/Egyptian Pound (FOREX:EUREGP)

Sidelines Mode (-55) - EUREGP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

Open High Low EUREGP Price Change
17.448 17.472 17.438 17.463 +0.015
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 Mar 20th, 2020 at 16.778

short term up The short-term trend has been UP since Mar 25th, 2020 at 17.165

Smart Scan Analysis for EUREGP

Based on our trend formula, EUREGP is rated as a -55 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
17.448 17.472 17.438 17.463 +0.015
Prev. Close Volume Bid Ask Time
17.448 17.438 17.488 2020-03-30 06:08:38
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