Forex Trend Analysis Report
Prepared for you on Wednesday, March 3, 2021.
Euro/Bolivian Boliviano (FOREX:EURBOB)
Bull Market Weakness (+75) - EURBOB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURBOB as it may be in the beginning stages of a reversal.
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 Feb 22nd, 2021 at 8.3800
The short-term trend has been UP since Feb 9th, 2021 at 8.3126
Smart Scan Analysis for EURBOB
Based on our trend formula, EURBOB is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).