Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Euro/Ethiopian Birr (FOREX:EURETB)
Bull Market Weakness (+75) - EURETB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for EURETB
The long-term trend has been UP since Jan 24th, 2025 at 134.2192
The intermediate-term trend has been UP since Jan 24th, 2025 at 133.2055
The short-term trend has been UP since Apr 1st, 2025 at 141.5205
Smart Scan Analysis for EURETB
Based on our trend formula, EURETB is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 151.6282 | 151.6282 | 151.6282 | 151.6282 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 151.6282 | 2025-05-04 11:00:59 |