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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

Euro/Bolivian Boliviano (FOREX:EURBOB)

Countertrend Down (-85) - EURBOB is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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
8.0351 8.0351 8.0351 8.0351 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURBOB

long term down The long-term trend has been DOWN since Aug 9th, 2021 at 8.1315

intermediate term down The intermediate-term trend has been DOWN since Sep 21st, 2021 at 8.1246

short term up The short-term trend has been UP since Oct 23rd, 2021 at 8.0242

Smart Scan Analysis for EURBOB

Based on our trend formula, EURBOB is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for EURBOB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.0351 8.0351 8.0351 8.0351 0.0000
Prev. Close Volume Bid Ask Time
8.0351 2021-10-23 18:50:31
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