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Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Euro/Bolivian Boliviano (FOREX:EURBOB)

Long-Term Downtrend (-90) - EURBOB is in a strong downtrend that is likely to continue. While EURBOB 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 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
7.404 7.404 7.404 7.404 0.000
Entry Signal

MarketClub’s Trade Triangles for EURBOB

long term down The long-term trend has been DOWN since Apr 14th, 2024 at 7.420

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 Apr 14th, 2024 at 7.487

Smart Scan Analysis for EURBOB

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

-90
Smart Scan Analysis for EURBOB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.404 7.404 7.404 7.404 0.000
Prev. Close Volume Bid Ask Time
7.404 2024-04-18 07:26:26
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