Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
Ethiopian Birr/British Pound (FOREX:ETBGBP)
Bull Market Weakness (+75) - ETBGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ETBGBP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ETBGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for ETBGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for ETBGBP
The long-term trend has been DOWN since Dec 4th, 2023 at 0.01430480
The intermediate-term trend has been UP since Mar 28th, 2024 at 0.01389480
The short-term trend has been UP since Apr 20th, 2024 at 0.01415185
Smart Scan Analysis for ETBGBP
Based on our trend formula, ETBGBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01415308 | 0.01415308 | 0.01415308 | 0.01415308 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01415308 | 2024-04-20 01:08:56 |