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Forex Trend Analysis Report

Prepared for you on Monday, December 9, 2024.

Bolivian Boliviano/Euro (FOREX:BOBEUR)

Sidelines Mode (+55) - BOBEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_BOBEUR
Open High Low BOBEUR Price Change
0.1370328 0.1370328 0.1370328 0.1370328 0.0000000
Entry Signal

MarketClub’s Trade Triangles for BOBEUR

long term up The long-term trend has been UP since Nov 18th, 2024 at 0.13380340

intermediate term down The intermediate-term trend has been DOWN since Dec 6th, 2024 at 0.13737190

short term up The short-term trend has been UP since Oct 3rd, 2024 at 0.13005929

Smart Scan Analysis for BOBEUR

Based on our trend formula, BOBEUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for BOBEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1370328 0.1370328 0.1370328 0.1370328 0.0000000
Prev. Close Volume Bid Ask Time
0.1370328 2024-12-09 07:25:11
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