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Forex Trend Analysis Report

Prepared for you on Sunday, February 17, 2019.

US Dollar/Ethiopian Birr (FOREX:USDETB)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines 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_USDETB
Open High Low USDETB Price Change
28.274 28.274 28.274 28.274 0.000
Entry Signal

MarketClub’s Trade Triangles for USDETB

long term up The long term trend has been UP since Aug 10th, 2018 at 27.7585

intermediate term up The intermediate term trend has been UP since Feb 8th, 2019 at 28.5250

short term down The short term trend has been DOWN since Feb 15th, 2019 at 28.4130

Smart Scan Analysis for USDETB

Based on a pre-defined weighted trend formula for chart analysis, USDETB scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for USDETB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.274 28.274 28.274 28.274 0.000
Prev. Close Volume Bid Ask Time
28.274 28.053 28.495 2019-02-17 20:18:09
Want to analyze US Dollar/Ethiopian Birr USDETB or another symbol? Try our Free Forex Trend Analysis Report.