Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
British Pound/Ethiopian Birr (FOREX:GBPETB)
Bull Market Weakness (+75) - GBPETB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPETB as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid GBPETB?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPETB.
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 GBPETB
The long-term trend has been UP since Feb 24th, 2025 at 161.96649
The intermediate-term trend has been UP since Feb 16th, 2025 at 159.34873
The short-term trend has been UP since Apr 16th, 2025 at 171.37632
Smart Scan Analysis for GBPETB
Based on our trend formula, GBPETB is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 177.80876 | 177.80876 | 177.80876 | 177.80876 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 177.80876 | 2025-05-04 11:01:00 |