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Forex Trend Analysis Report

Prepared for you on Thursday, June 13, 2024.

Euro/Ethiopian Birr (FOREX:EURETB)

Crossroads (+60) - EURETB 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 EURETB?

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

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

FOREX_EURETB
Open High Low EURETB Price Change
62.2394 62.2394 62.2394 62.2394 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURETB

long term up The long-term trend has been UP since Nov 16th, 2023 at 60.6309

intermediate term down The intermediate-term trend has been DOWN since Jun 10th, 2024 at 62.1642

short term down The short-term trend has been DOWN since Jun 10th, 2024 at 62.5376

Smart Scan Analysis for EURETB

Based on our trend formula, EURETB is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for EURETB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
62.2394 62.2394 62.2394 62.2394 0.0000
Prev. Close Volume Bid Ask Time
62.2394 2024-06-13 21:00:31
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