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Forex Trend Analysis Report

Prepared for you on Friday, May 30, 2025.

Ethiopian Birr/South African Rand (FOREX:ETBZAR)

Sidelines Mode (-55) - ETBZAR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ETBZAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for ETBZAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ETBZAR
Open High Low ETBZAR Price Change
0.13132571 0.13512857 0.13117191 0.13454273 +0.00321700
Entry Signal

MarketClub’s Trade Triangles for ETBZAR

long term down The long-term trend has been DOWN since May 2nd, 2025 at 0.13695141

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2025 at 0.13821390

short term up The short-term trend has been UP since May 30th, 2025 at 0.13245382

Smart Scan Analysis for ETBZAR

Based on our trend formula, ETBZAR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for ETBZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.13132571 0.13512857 0.13117191 0.13454273 +0.00321700
Prev. Close Volume Bid Ask Time
0.13132571 2025-05-30 17:04:49
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