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Forex Trend Analysis Report

Prepared for you on Friday, July 19, 2019.

Euro/Bolivian Boliviano (FOREX:EURBOB)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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
7.7657 7.7657 7.7657 7.7657 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURBOB

long term up The long term trend has been UP since Jun 24th, 2019 at 7.8672

intermediate term down The intermediate term trend has been DOWN since Jul 9th, 2019 at 7.7442

short term down The short term trend has been DOWN since Jul 2nd, 2019 at 7.8311

Smart Scan Analysis for EURBOB

Based on a pre-defined weighted trend formula for chart analysis, EURBOB scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for EURBOB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.7657 7.7657 7.7657 7.7657 0.0000
Prev. Close Volume Bid Ask Time
7.7657 7.5657 7.9657 2019-07-19 08:39:09
Want to analyze Euro/Bolivian Boliviano EURBOB or another symbol? Try our Free Forex Trend Analysis Report.