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Forex Trend Analysis Report
Prepared for you on Friday, May 30, 2025.
Ethiopian Birr/Euro (FOREX:ETBEUR)
Strong Downtrend (-100) - ETBEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ETBEUR continues to fall. Traders should use caution and set stops.
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 Jan 24th, 2025 at 0.00745053
The intermediate-term trend has been DOWN since May 22nd, 2025 at 0.00659510
The short-term trend has been DOWN since May 22nd, 2025 at 0.00659510
Smart Scan Analysis for ETBEUR
Based on our trend formula, ETBEUR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00650847 | 0.00650847 | 0.00650847 | 0.00650847 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00648445 | 2025-05-25 21:00:10 |