Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2020.

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
35.5314 35.5314 35.5314 35.5314 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURETB

long term up The long term trend has been UP since Oct 31st, 2019 at 32.9260

intermediate term up The intermediate term trend has been UP since Nov 19th, 2019 at 33.0393

short term down The short term trend has been DOWN since Jan 9th, 2020 at 35.6217

Smart Scan Analysis for EURETB

Based on a pre-defined weighted trend formula for chart analysis, EURETB scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for EURETB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
35.5314 35.5314 35.5314 35.5314 0.0000
Prev. Close Volume Bid Ask Time
35.5314 35.2814 35.7814 2020-01-12 13:08:57
Get a free daily report for Euro/Ethiopian Birr (EURETB) - Free Trend Analysis Report.