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Forex Trend Analysis Report

Prepared for you on Sunday, April 21, 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.

FOREX_ETBGBP
Open High Low ETBGBP Price Change
0.01415308 0.01415308 0.01415308 0.01415308 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ETBGBP

long term down The long-term trend has been DOWN since Dec 4th, 2023 at 0.01430480

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 0.01389480

short term up The short-term trend has been UP since Apr 20th, 2024 at 0.01415185

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).

+60
Smart Scan Analysis for ETBGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01415308 0.01415308 0.01415308 0.01415308 0.00000000
Prev. Close Volume Bid Ask Time
0.01415308 2024-04-20 20:39:49
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