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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.

FOREX_EURBOB
Open High Low EURBOB Price Change
8.2079 8.2079 8.2079 8.2079 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURBOB

long term up The long-term trend has been UP since Jul 16th, 2020 at 7.8478

intermediate term up The intermediate-term trend has been UP since Nov 17th, 2020 at 8.1143

short term up 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).

+80
Smart Scan Analysis for EURBOB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.2079 8.2079 8.2079 8.2079 0.0000
Prev. Close Volume Bid Ask Time
8.2070 2020-11-23 21:07:00
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