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At ForexEgg.com our goal is to assist you in making a more informed forex trade decisions. To help us achieve this goal, we introduce P.A.T (Price Analysis Tool). P.A.T., using accepted statistical analysis techniques, determines the current slope and projected trajectory of forex rates. With this application you can validate a daily or monthly forex trends in 19 currencies based on current fx price data. The tool also provides Profit Target and Stop loss guidance based on snapshot of current market conditions. Market conditions change rapidly, for this reason, the tool should be used often to ensure profit target guidance, possible stop loss target, regression slope, and future price range projections are in-line with current market sentiment.
Using the drop-down menus, choose a currency pair, a time period, confidence interval (95% or 68%) and then press GO.
We have added new feature to P.A.T. which allows forex traders to analyze historic rate projections. This feature is accessible by clicking on the Historic Performance Tab.
If you would like to understand the inner workings of P.A.T, please read the Methodology statement.
Please help us improve P.A.T. (Price Analysis Tool) by providing your valuable feedback.
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