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Forex Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
Ethiopian Birr/Euro (FOREX:ETBEUR)
Sidelines Mode (+50) - ETBEUR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until ETBEUR can gain momentum.
Is it time to buy, sell, or avoid ETBEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for ETBEUR.
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 ETBEUR
The long-term trend has been DOWN since Nov 16th, 2023 at 0.01649352
The intermediate-term trend has been UP since Dec 18th, 2024 at 0.00761191
The short-term trend has been UP since Dec 9th, 2024 at 0.00751507
Smart Scan Analysis for ETBEUR
Based on our trend formula, ETBEUR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00771966 | 0.00771966 | 0.00771966 | 0.00771966 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00771966 | 2024-12-21 06:23:55 |