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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Ethiopian Birr/British Pound (FOREX:ETBGBP)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

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_ETBGBP
Open High Low ETBGBP Price Change
0.02411335 0.02411335 0.02411335 0.02411335 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ETBGBP

long term down The long term trend has been DOWN since Oct 13th, 2019 at 0.02713000

intermediate term up The intermediate term trend has been UP since Jan 27th, 2020 at 0.02401554

short term down The short term trend has been DOWN since Feb 11th, 2020 at 0.02412558

Smart Scan Analysis for ETBGBP

Based on a pre-defined weighted trend formula for chart analysis, ETBGBP scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for ETBGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02411335 0.02411335 0.02411335 0.02411335 0.00000000
Prev. Close Volume Bid Ask Time
0.02400848 0.02394120 0.02428549 2020-02-11 07:14:54
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