Forex Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
Euro/Bolivian Boliviano (FOREX:EURBOB)
Countertrend Up (+85) - EURBOB is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
MarketClub’s Trade Triangles for EURBOB
The long-term trend has been UP since Jul 16th, 2020 at 7.8478
The intermediate-term trend has been UP since Nov 17th, 2020 at 8.1143
The short-term trend has been UP since Nov 11th, 2020 at 8.0832
Smart Scan Analysis for EURBOB
Based on our trend formula, EURBOB is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).