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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Ethiopian Birr/US Dollar (FOREX:ETBUSD)
Long-Term Downtrend (-90) - ETBUSD is in a strong downtrend that is likely to continue. While ETBUSD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Jan 24th, 2025 at 0.00778051
The short-term trend has been DOWN since Feb 9th, 2025 at 0.00779657
Smart Scan Analysis for ETBUSD
Based on our trend formula, ETBUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00778976 | 0.00778976 | 0.00778976 | 0.00778976 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00793611 | 2025-02-20 07:25:20 |