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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Euro/Bolivian Boliviano (FOREX:EURBOB)

Weak Downtrend (-65) - EURBOB is showing signs of a strengthening downtrend. Monitor EURBOB as it may be building momentum to the downside.

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.

FOREX_EURBOB
Open High Low EURBOB Price Change
7.452 7.452 7.452 7.452 0.000
Entry Signal

MarketClub’s Trade Triangles for EURBOB

long term up The long-term trend has been UP since Dec 24th, 2023 at 7.590

intermediate term down The intermediate-term trend has been DOWN since Mar 28th, 2024 at 7.476

short term down The short-term trend has been DOWN since Mar 18th, 2024 at 7.561

Smart Scan Analysis for EURBOB

Based on our trend formula, EURBOB is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for EURBOB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.452 7.452 7.452 7.452 0.000
Prev. Close Volume Bid Ask Time
7.452 2024-03-29 03:30:06
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