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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2019.

Euro/Bolivian Boliviano (FOREX:EURBOB)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
7.8212 7.8212 7.8212 7.8212 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURBOB

long term down The long term trend has been DOWN since May 13th, 2018 at 8.3527

intermediate term down The intermediate term trend has been DOWN since Jan 20th, 2019 at 7.8857

short term down The short term trend has been DOWN since Mar 5th, 2019 at 7.8531

Smart Scan Analysis for EURBOB

Based on a pre-defined weighted trend formula for chart analysis, EURBOB scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for EURBOB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.8212 7.8212 7.8212 7.8212 0.0000
Prev. Close Volume Bid Ask Time
7.8212 7.6212 8.0212 2019-03-17 21:10:43
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