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Forex Trend Analysis Report

Prepared for you on Saturday, March 6, 2021.

Euro/Ethiopian Birr (FOREX:EURETB)

Weak Uptrend (+65) - EURETB is showing signs of weakening momentum to the upside. Monitor EURETB as it may be in the beginning stages of a reversal.

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
48.6714 48.6714 48.6714 48.6714 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURETB

long term up The long-term trend has been UP since Oct 31st, 2019 at 32.9260

intermediate term up The intermediate-term trend has been UP since Feb 9th, 2021 at 47.9722

short term down The short-term trend has been DOWN since Mar 4th, 2021 at 48.7446

Smart Scan Analysis for EURETB

Based on our trend formula, EURETB is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for EURETB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
48.6714 48.6714 48.6714 48.6714 0.0000
Prev. Close Volume Bid Ask Time
48.6714 2021-03-04 21:09:26
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