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Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
Euro/Egyptian Pound (FOREX:EUREGP)
Weak Downtrend (-65) - EUREGP is showing signs of a strengthening downtrend. Monitor EUREGP as it may be building momentum to the downside.
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 DOWN since Nov 11th, 2024 at 52.440
The intermediate-term trend has been DOWN since Feb 3rd, 2025 at 51.442
The short-term trend has been UP since Feb 5th, 2025 at 52.223
Smart Scan Analysis for EUREGP
Based on our trend formula, EUREGP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 52.213 | 52.545 | 52.213 | 52.407 | +0.194 |
| Prev. Close | Volume | Bid | Ask | Time |
| 52.213 | 2025-02-05 13:15:03 |