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Forex Trend Analysis Report
Prepared for you on Tuesday, October 3, 2023.
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.
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MarketClub’s Trade Triangles for EURBOB
The long-term trend has been DOWN since Sep 30th, 2023 at 7.389
The intermediate-term trend has been DOWN since Jul 31st, 2023 at 7.688
The short-term trend has been DOWN since Aug 17th, 2023 at 7.582
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.331 | 7.331 | 7.331 | 7.331 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.331 | 2023-09-30 15:44:15 |