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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

Euro/Egyptian Pound (FOREX:EUREGP)

Bear Market Rally (-75) - EUREGP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EUREGP as it may be in the beginning 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.

FOREX_EUREGP
Open High Low EUREGP Price Change
18.246 18.264 18.225 18.238 -0.008
Entry Signal

MarketClub’s Trade Triangles for EUREGP

long term down The long-term trend has been DOWN since Aug 10th, 2021 at 18.422

intermediate term down The intermediate-term trend has been DOWN since Sep 20th, 2021 at 18.428

short term up The short-term trend has been UP since Oct 13th, 2021 at 18.225

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).

-75
Smart Scan Analysis for EUREGP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.246 18.264 18.225 18.238 -0.008
Prev. Close Volume Bid Ask Time
18.246 2021-10-15 17:19:11
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