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Forex Trend Analysis Report

Prepared for you on Thursday, February 21, 2019.

Euro/Ethiopian Birr (FOREX:EURETB)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low EURETB Price Change
32.235 32.235 32.235 32.235 0.000
Entry Signal

MarketClub’s Trade Triangles for EURETB

long term up The long term trend has been UP since Sep 23rd, 2018 at 32.5453

intermediate term down The intermediate term trend has been DOWN since Feb 5th, 2019 at 32.1250

short term up The short term trend has been UP since Feb 18th, 2019 at 32.1660

Smart Scan Analysis for EURETB

Based on a pre-defined weighted trend formula for chart analysis, EURETB scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for EURETB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
32.235 32.235 32.235 32.235 0.000
Prev. Close Volume Bid Ask Time
32.235 31.985 32.485 2019-02-20 20:58:34
Want to analyze Euro/Ethiopian Birr EURETB or another symbol? Try our Free Forex Trend Analysis Report.