Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

British Pound/Ethiopian Birr (FOREX:GBPETB)

Sidelines Mode (+55) - GBPETB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ?

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.

FOREX_GBPETB
Open High Low GBPETB Price Change
41.472924 41.472924 41.472924 41.472924 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPETB

long term up The long-term trend has been UP since Oct 13th, 2019 at 36.860500

intermediate term down The intermediate-term trend has been DOWN since Jan 27th, 2020 at 41.641762

short term up The short-term trend has been UP since Feb 11th, 2020 at 41.451902

Smart Scan Analysis for GBPETB

Based on our trend formula, GBPETB is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for GBPETB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
41.472924 41.472924 41.472924 41.472924 0.000000
Prev. Close Volume Bid Ask Time
41.654128 41.176847 41.769001 2020-02-11 07:14:54
Get a free daily analysis and signals for British Pound/Ethiopian Birr (GBPETB) - Request Your Free Report.