Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Ethiopian Birr/British Pound (FOREX:ETBGBP)
Bear Market Rally (-75) - ETBGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ETBGBP as it may be in the beginning of a reversal.
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 DOWN since Jul 7th, 2024 at 0.01357387
The short-term trend has been UP since Jul 21st, 2024 at 0.01339576
Smart Scan Analysis for ETBGBP
Based on our trend formula, ETBGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01344517 | 0.01344517 | 0.01344517 | 0.01344517 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01344517 | 2024-07-26 14:00:16 |