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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
Euro/Ethiopian Birr (FOREX:EURETB)
Crossroads (-60) - EURETB is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EURETB?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURETB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for EURETB
The long-term trend has been UP since Nov 16th, 2023 at 60.6309
The intermediate-term trend has been DOWN since Oct 20th, 2024 at 131.3915
The short-term trend has been DOWN since Oct 20th, 2024 at 131.3915
Smart Scan Analysis for EURETB
Based on our trend formula, EURETB is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 130.0831 | 130.0831 | 130.0831 | 130.0831 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 131.6252 | 2024-10-20 05:24:01 |