Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, February 19, 2019.

US Dollar/Egyptian Pound (FOREX:USDEGP)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_USDEGP
Open High Low USDEGP Price Change
17.542 17.630 17.531 17.592 +0.050
Entry Signal

MarketClub’s Trade Triangles for USDEGP

long term down The long term trend has been DOWN since Jan 28th, 2019 at 17.7265

intermediate term down The intermediate term trend has been DOWN since Jan 27th, 2019 at 17.8275

short term up The short term trend has been UP since Feb 19th, 2019 at 17.6085

Smart Scan Analysis for USDEGP

Based on a pre-defined weighted trend formula for chart analysis, USDEGP scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for USDEGP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.542 17.630 17.531 17.592 +0.050
Prev. Close Volume Bid Ask Time
17.542 17.562 17.622 2019-02-19 05:27:19
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