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Forex Trend Analysis Report

Prepared for you on Sunday, September 15, 2019.

Euro/Ethiopian Birr (FOREX:EURETB)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

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
32.544 32.544 32.544 32.544 0.000
Entry Signal

MarketClub’s Trade Triangles for EURETB

long term down The long term trend has been DOWN since Aug 1st, 2019 at 31.984

intermediate term up The intermediate term trend has been UP since Sep 13th, 2019 at 32.386

short term up The short term trend has been UP since Sep 13th, 2019 at 32.386

Smart Scan Analysis for EURETB

Based on a pre-defined weighted trend formula for chart analysis, EURETB scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for EURETB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
32.544 32.544 32.544 32.544 0.000
Prev. Close Volume Bid Ask Time
32.544 32.294 32.794 2019-09-15 20:00:18
Want to analyze Euro/Ethiopian Birr EURETB or another symbol? Try our Free Forex Trend Analysis Report.