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Forex Trend Analysis Report

Prepared for you on Sunday, November 29, 2020.

Ethiopian Birr/British Pound (FOREX:ETBGBP)

Strong Downtrend (-100) - ETBGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
0.01960336 0.01960336 0.01960336 0.01960336 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ETBGBP

long term down The long-term trend has been DOWN since Jun 2nd, 2020 at 0.02357638

intermediate term down The intermediate-term trend has been DOWN since Oct 13th, 2020 at 0.02090633

short term down The short-term trend has been DOWN since Oct 13th, 2020 at 0.02090633

Smart Scan Analysis for ETBGBP

Based on our trend formula, ETBGBP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for ETBGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01960336 0.01960336 0.01960336 0.01960336 0.00000000
Prev. Close Volume Bid Ask Time
0.01962318 2020-11-26 21:00:35
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