Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, January 19, 2019.

Ethiopian Birr/US Dollar (FOREX:ETBUSD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_ETBUSD
Open High Low ETBUSD Price Change
0.035271 0.035271 0.035271 0.035271 0.000000
Entry Signal

MarketClub’s Trade Triangles for ETBUSD

long term down The long term trend has been DOWN since Sep 2nd, 2018 at 0.036062

intermediate term down The intermediate term trend has been DOWN since Jan 13th, 2019 at 0.035306

short term down The short term trend has been DOWN since Jan 13th, 2019 at 0.035484

Smart Scan Analysis for ETBUSD

Based on a pre-defined weighted trend formula for chart analysis, ETBUSD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for ETBUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.035271 0.035271 0.035271 0.035271 0.000000
Prev. Close Volume Bid Ask Time
0.035271 0.035000 0.035542 2019-01-14 20:59:15
Want to analyze Ethiopian Birr/US Dollar ETBUSD or another symbol? Try our Free Forex Trend Analysis Report.