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Forex Trend Analysis Report

Prepared for you on Friday, June 21, 2024.

Euro/Bolivian Boliviano (FOREX:EURBOB)

Strong Downtrend (-100) - EURBOB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURBOB continues to fall. Traders should use caution and set stops.

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
7.38 7.38 7.38 7.38 0.00
Entry Signal

MarketClub’s Trade Triangles for EURBOB

long term down The long-term trend has been DOWN since Apr 14th, 2024 at 7.420

intermediate term down The intermediate-term trend has been DOWN since Jun 10th, 2024 at 7.488

short term down The short-term trend has been DOWN since Jun 21st, 2024 at 7.406

Smart Scan Analysis for EURBOB

Based on our trend formula, EURBOB is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for EURBOB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.38 7.38 7.38 7.38 0.00
Prev. Close Volume Bid Ask Time
7.38 2024-06-21 07:26:09
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