Forex Trend Analysis Report
Prepared for you on Thursday, May 26, 2022.
Bolivian Boliviano/Euro (FOREX:BOBEUR)
Weak Downtrend (-65) - BOBEUR is showing signs of a strengthening downtrend. Monitor BOBEUR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid BOBEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for BOBEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BOBEUR
The long-term trend has been UP since Aug 9th, 2021 at 0.12305298
The intermediate-term trend has been DOWN since May 24th, 2022 at 0.13726999
The short-term trend has been DOWN since May 24th, 2022 at 0.13726999
Smart Scan Analysis for BOBEUR
Based on our trend formula, BOBEUR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).