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Forex Trend Analysis Report

Prepared for you on Wednesday, September 17, 2025.

Ethiopian Birr/South African Rand (FOREX:ETBZAR)

Bear Market Rally (-75) - ETBZAR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ETBZAR as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid ETBZAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for ETBZAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ETBZAR
Open High Low ETBZAR Price Change
0.12085733 0.12110706 0.11915793 0.12012239 -0.00073500
Entry Signal

MarketClub’s Trade Triangles for ETBZAR

long term down The long-term trend has been DOWN since May 2nd, 2025 at 0.13695141

intermediate term down The intermediate-term trend has been DOWN since Aug 12th, 2025 at 0.12636120

short term up The short-term trend has been UP since Sep 2nd, 2025 at 0.12471856

Smart Scan Analysis for ETBZAR

Based on our trend formula, ETBZAR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for ETBZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12085733 0.12110706 0.11915793 0.12012239 -0.00073500
Prev. Close Volume Bid Ask Time
0.12085733 2025-09-17 21:27:20
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