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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
British Pound/Ethiopian Birr (FOREX:GBPETB)
Crossroads (-60) - GBPETB 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 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 DOWN since Jan 9th, 2025 at 155.62359
The intermediate-term trend has been UP since Feb 16th, 2025 at 159.34873
The short-term trend has been UP since Feb 6th, 2025 at 158.94702
Smart Scan Analysis for GBPETB
Based on our trend formula, GBPETB is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 161.93283 | 161.93283 | 161.93283 | 161.93283 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 159.29504 | 2025-02-20 07:25:20 |