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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Euro/Egyptian Pound (FOREX:EUREGP)
Bull Market Weakness (+75) - EUREGP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EUREGP as it may be in the beginning stages of a reversal.
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 UP since Dec 22nd, 2023 at 34.060
The intermediate-term trend has been UP since May 28th, 2024 at 51.744
The short-term trend has been DOWN since Jul 23rd, 2024 at 52.475
Smart Scan Analysis for EUREGP
Based on our trend formula, EUREGP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 52.4930 | 52.5300 | 52.4230 | 52.4791 | -0.0139 |
| Prev. Close | Volume | Bid | Ask | Time |
| 52.4930 | 2024-07-26 14:00:13 |