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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Ethiopian Birr/South African Rand (FOREX:ETBZAR)
Long-Term Downtrend (-90) - ETBZAR is in a strong downtrend that is likely to continue. While ETBZAR 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 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.
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MarketClub’s Trade Triangles for ETBZAR
The long-term trend has been DOWN since Oct 28th, 2024 at 0.14099455
The intermediate-term trend has been DOWN since Jan 23rd, 2025 at 0.14334985
The short-term trend has been DOWN since Feb 19th, 2025 at 0.14292975
Smart Scan Analysis for ETBZAR
Based on our trend formula, ETBZAR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.14486237 | 0.14486237 | 0.14486237 | 0.14486237 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.14486237 | 2025-02-22 01:41:04 |