Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Bolivian Boliviano/US Dollar (FOREX:BOBUSD)
Sidelines Mode (+55) - BOBUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid BOBUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for BOBUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for BOBUSD
The long-term trend has been DOWN since Apr 30th, 2024 at 0.14395537
The intermediate-term trend has been UP since May 2nd, 2024 at 0.14502104
The short-term trend has been DOWN since May 7th, 2024 at 0.14456280
Smart Scan Analysis for BOBUSD
Based on our trend formula, BOBUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.14479385 | 0.14479385 | 0.14479385 | 0.14479385 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.14479385 | 2024-05-09 07:26:27 |