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Forex Trend Analysis Report

Prepared for you on Tuesday, July 16, 2024.

Euro/Ethiopian Birr (FOREX:EURETB)

Strong Uptrend (+100) - EURETB is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURETB continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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.

FOREX_EURETB
Open High Low EURETB Price Change
63.0345 63.0345 63.0345 63.0345 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURETB

long term up The long-term trend has been UP since Nov 16th, 2023 at 60.6309

intermediate term up The intermediate-term trend has been UP since Jul 7th, 2024 at 62.3745

short term up The short-term trend has been UP since Jul 11th, 2024 at 62.5489

Smart Scan Analysis for EURETB

Based on our trend formula, EURETB is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for EURETB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
63.0345 63.0345 63.0345 63.0345 0.0000
Prev. Close Volume Bid Ask Time
63.0345 2024-07-15 21:02:39
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