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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Ethiopian Birr/British Pound (FOREX:ETBGBP)
Crossroads (-60) - ETBGBP 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 ETBGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for ETBGBP.
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 ETBGBP
The long-term trend has been DOWN since May 20th, 2024 at 0.01371051
The intermediate-term trend has been UP since Dec 21st, 2024 at 0.00630247
The short-term trend has been UP since Dec 9th, 2024 at 0.00627046
Smart Scan Analysis for ETBGBP
Based on our trend formula, ETBGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00641488 | 0.00641488 | 0.00641488 | 0.00641488 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00616498 | 2024-12-21 08:23:57 |