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Forex Trend Analysis Report

Prepared for you on Monday, November 23, 2020.

Bolivian Boliviano/Euro (FOREX:BOBEUR)

Long-Term Downtrend (-90) - BOBEUR is in a strong downtrend that is likely to continue. While BOBEUR is showing intraday strength, it remains in the confines of a bearish trend. 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.

FOREX_BOBEUR
Open High Low BOBEUR Price Change
0.12258959 0.12258959 0.12258959 0.12258959 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BOBEUR

long term down The long-term trend has been DOWN since Jul 9th, 2020 at 0.12816443

intermediate term down The intermediate-term trend has been DOWN since Nov 17th, 2020 at 0.12331413

short term down The short-term trend has been DOWN since Nov 11th, 2020 at 0.12378916

Smart Scan Analysis for BOBEUR

Based on our trend formula, BOBEUR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for BOBEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12258959 0.12258959 0.12258959 0.12258959 0.00000000
Prev. Close Volume Bid Ask Time
0.12258959 2020-11-19 21:00:55
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