Analsys of signals on FXE, the popular Euro ETF shows ROI of +62%

FXE is the most popular ETF that tracks the Euro.Currently it is on a long term sell alert, triggered on January 21 2010. Retracement from its peak has now exceeded the 50% Fibonacci level.

These are the monthly buy and sell signals:

The ROI of these signals is shown on the table below:

Using the signals, the ROI is +62.45%, which compares very favorable to a buy and hold approach (+10.71%).

These signals and charts are generated by the INO alerts tool that we use (click for risk-free trial, you can try it yourself on any other symbol).