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Forex Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

Bolivian Boliviano/British Pound (FOREX:BOBGBP)

Countertrend Up (+85) - BOBGBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid BOBGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for BOBGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_BOBGBP
Open High Low BOBGBP Price Change
0.11681727 0.11681727 0.11681727 0.11681727 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BOBGBP

long term up The long-term trend has been UP since Apr 2nd, 2024 at 0.11514430

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 0.11460182

short term up The short-term trend has been UP since Apr 14th, 2024 at 0.11464706

Smart Scan Analysis for BOBGBP

Based on our trend formula, BOBGBP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for BOBGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11681727 0.11681727 0.11681727 0.11681727 0.00000000
Prev. Close Volume Bid Ask Time
0.11689115 2024-04-21 15:40:05
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