Forex Trend Analysis Report
Prepared for you on Friday, March 5, 2021.
Bolivian Boliviano/Euro (FOREX:BOBEUR)
Strong Downtrend (-100) - BOBEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid BOBEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for BOBEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BOBEUR
The long-term trend has been DOWN since Jul 9th, 2020 at 0.12816443
The intermediate-term trend has been DOWN since Feb 22nd, 2021 at 0.11939975
The short-term trend has been DOWN since Feb 9th, 2021 at 0.12036898
Smart Scan Analysis for BOBEUR
Based on our trend formula, BOBEUR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).