Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, July 23, 2019.

British Pound/Ethiopian Birr (FOREX:GBPETB)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_GBPETB
Open High Low GBPETB Price Change
35.9865 35.9865 35.9865 35.9865 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPETB

long term down The long term trend has been DOWN since Jun 2nd, 2019 at 36.5920

intermediate term down The intermediate term trend has been DOWN since Jul 3rd, 2019 at 36.4135

short term down The short term trend has been DOWN since Jul 3rd, 2019 at 36.6200

Smart Scan Analysis for GBPETB

Based on a pre-defined weighted trend formula for chart analysis, GBPETB scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for GBPETB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
35.9865 35.9865 35.9865 35.9865 0.0000
Prev. Close Volume Bid Ask Time
35.9865 35.7080 36.2650 2019-07-21 20:00:36
Want to analyze British Pound/Ethiopian Birr GBPETB or another symbol? Try our Free Forex Trend Analysis Report.