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Forex Trend Analysis Report
Prepared for you on Wednesday, January 15, 2025.
Ethiopian Birr/Euro (FOREX:ETBEUR)
Bull Market Weakness (+75) - ETBEUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ETBEUR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ETBEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for ETBEUR.
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 ETBEUR
The long-term trend has been UP since Jan 9th, 2025 at 0.00769260
The intermediate-term trend has been UP since Dec 18th, 2024 at 0.00761191
The short-term trend has been UP since Dec 9th, 2024 at 0.00751507
Smart Scan Analysis for ETBEUR
Based on our trend formula, ETBEUR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00757094 | 0.00757094 | 0.00757094 | 0.00757094 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00757094 | 2025-01-15 07:25:16 |