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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 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.

FOREX_EUREGP
Open High Low EUREGP Price Change
51.227 51.374 51.041 51.096 -0.131
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 Mar 6th, 2024 at 33.636

short term down The short-term trend has been DOWN since Mar 12th, 2024 at 53.515

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
51.227 51.374 51.041 51.096 -0.131
Prev. Close Volume Bid Ask Time
51.227 2024-03-19 06:09:26
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