Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, January 23, 2020.

Euro/Bolivian Boliviano (FOREX:EURBOB)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_EURBOB
Open High Low EURBOB Price Change
7.6691 7.6691 7.6691 7.6691 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURBOB

long term up The long term trend has been UP since Dec 30th, 2019 at 7.7189

intermediate term down The intermediate term trend has been DOWN since Jan 22nd, 2020 at 7.6709

short term down The short term trend has been DOWN since Jan 8th, 2020 at 7.6964

Smart Scan Analysis for EURBOB

Based on a pre-defined weighted trend formula for chart analysis, EURBOB scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for EURBOB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.6691 7.6691 7.6691 7.6691 0.0000
Prev. Close Volume Bid Ask Time
7.6691 7.4691 7.8691 2020-01-23 07:12:39
Get a free daily report for Euro/Bolivian Boliviano (EURBOB) - Free Trend Analysis Report.