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Forex Trend Analysis Report

Prepared for you on Sunday, April 14, 2024.

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.

FOREX_EUREGP
Open High Low EUREGP Price Change
50.6259 50.6259 50.6259 50.6259 0.0000
Entry Signal

MarketClub’s Trade Triangles for EUREGP

long term up The long-term trend has been UP since Dec 22nd, 2023 at 34.060

intermediate term up The intermediate-term trend has been UP since Apr 8th, 2024 at 51.635

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 51.161

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).

+55
Smart Scan Analysis for EUREGP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
50.6259 50.6259 50.6259 50.6259 0.0000
Prev. Close Volume Bid Ask Time
50.6259 2024-04-13 14:02:01
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