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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Ethiopian Birr/Euro (FOREX:ETBEUR)
Crossroads (-60) - ETBEUR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Nov 18th, 2024 at 0.00759736
The short-term trend has been UP since Nov 18th, 2024 at 0.00755045
Smart Scan Analysis for ETBEUR
Based on our trend formula, ETBEUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0076926 | 0.0076926 | 0.0076926 | 0.0076926 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0076926 | 2024-11-19 21:06:20 |