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Forex Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
Ethiopian Birr/US Dollar (FOREX:ETBUSD)
Countertrend Up (+85) - ETBUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Mar 18th, 2023 at 0.01874284
The intermediate-term trend has been UP since Mar 18th, 2023 at 0.01870978
The short-term trend has been UP since Mar 7th, 2023 at 0.01858638
Smart Scan Analysis for ETBUSD
Based on our trend formula, ETBUSD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01883718 | 0.01883718 | 0.01883718 | 0.01883718 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01883718 | 2023-03-18 03:55:54 |