 Free Daily Analysis
                    Free Daily Analysis
                    Forex Trend Analysis Report
Prepared for you on Friday, October 31, 2025.
Ethiopian Birr/South African Rand (FOREX:ETBZAR)
Long-Term Downtrend (-90) - ETBZAR is in a strong downtrend that is likely to continue. While ETBZAR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
|   | |||||||||||||||
| 
 | |||||||||||||||
MarketClub’s Trade Triangles for ETBZAR
                         The long-term trend has been DOWN since Sep 30th, 2025 at 0.11806664
                        The long-term trend has been DOWN since Sep 30th, 2025 at 0.11806664
                    
                         The intermediate-term trend has been DOWN since Sep 30th, 2025 at 0.11806664
                        The intermediate-term trend has been DOWN since Sep 30th, 2025 at 0.11806664
                    
                         The short-term trend has been DOWN since Oct 15th, 2025 at 0.11758912
                        The short-term trend has been DOWN since Oct 15th, 2025 at 0.11758912
                    
Smart Scan Analysis for ETBZAR
Based on our trend formula, ETBZAR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
 
                        | Open | High | Low | Price | Change | 
|---|---|---|---|---|
| 0.11229502 | 0.11287805 | 0.11222685 | 0.11278634 | +0.00049100 | 
| Prev. Close | Volume | Bid | Ask | Time | 
| 0.11229502 | 2025-10-31 17:08:05 |