Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, March 20, 2023.

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
0.01530843 0.01530843 0.01530843 0.01530843 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ETBGBP

long term up The long-term trend has been UP since Mar 8th, 2023 at 0.01558877

intermediate term down The intermediate-term trend has been DOWN since Mar 17th, 2023 at 0.01534357

short term down The short-term trend has been DOWN since Mar 17th, 2023 at 0.01548056

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
0.01530843 0.01530843 0.01530843 0.01530843 0.00000000
Prev. Close Volume Bid Ask Time
0.01530843 2023-03-18 03:55:54
Get a free daily analysis and signals for Ethiopian Birr/British Pound (ETBGBP) - Request Your Free Report.