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Forex Trend Analysis Report

Prepared for you on Thursday, January 17, 2019.

Euro/Bolivian Boliviano (FOREX:EURBOB)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

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_EURBOB
Open High Low EURBOB Price Change
7.926 7.926 7.926 7.926 0.000
Entry Signal

MarketClub’s Trade Triangles for EURBOB

long term down The long term trend has been DOWN since May 13th, 2018 at 8.3527

intermediate term up The intermediate term trend has been UP since Dec 19th, 2018 at 7.8736

short term up The short term trend has been UP since Jan 9th, 2019 at 7.9136

Smart Scan Analysis for EURBOB

Based on a pre-defined weighted trend formula for chart analysis, EURBOB scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for EURBOB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.926 7.926 7.926 7.926 0.000
Prev. Close Volume Bid Ask Time
7.926 7.726 8.126 2019-01-14 20:58:47
Want to analyze Euro/Bolivian Boliviano EURBOB or another symbol? Try our Free Forex Trend Analysis Report.