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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Euro/Bolivian Boliviano (FOREX:EURBOB)
Bear Market Rally (-75) - EURBOB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURBOB as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid EURBOB?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURBOB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for EURBOB
The long-term trend has been DOWN since Apr 14th, 2024 at 7.42
The intermediate-term trend has been UP since May 7th, 2024 at 7.44
The short-term trend has been DOWN since May 8th, 2024 at 7.44
Smart Scan Analysis for EURBOB
Based on our trend formula, EURBOB is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.418 | 7.418 | 7.418 | 7.418 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.418 | 2024-05-09 07:26:27 |