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Forex Trend Analysis Report

Prepared for you on Monday, June 24, 2019.

Euro/Ethiopian Birr (FOREX:EURETB)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.

FOREX_EURETB
Open High Low EURETB Price Change
32.631 32.631 32.631 32.631 0.000
Entry Signal

MarketClub’s Trade Triangles for EURETB

long term up The long term trend has been UP since Jun 4th, 2019 at 32.457

intermediate term up The intermediate term trend has been UP since May 28th, 2019 at 32.233

short term up The short term trend has been UP since Jun 20th, 2019 at 32.504

Smart Scan Analysis for EURETB

Based on a pre-defined weighted trend formula for chart analysis, EURETB scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+80
Smart Scan Analysis for EURETB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
32.631 32.631 32.631 32.631 0.000
Prev. Close Volume Bid Ask Time
32.648 32.381 32.881 2019-06-21 13:41:26
Want to analyze Euro/Ethiopian Birr EURETB or another symbol? Try our Free Forex Trend Analysis Report.