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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
Ethiopian Birr/US Dollar (FOREX:ETBUSD)
Crossroads (-60) - ETBUSD 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 ETBUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for ETBUSD.
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 ETBUSD
The long-term trend has been DOWN since Nov 15th, 2022 at 0.01873099
The intermediate-term trend has been UP since Jan 19th, 2025 at 0.00794944
The short-term trend has been UP since Jan 19th, 2025 at 0.00794944
Smart Scan Analysis for ETBUSD
Based on our trend formula, ETBUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00798194 | 0.00798194 | 0.00798194 | 0.00798194 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00782455 | 2025-01-19 11:30:04 |