Forex Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
Bolivian Boliviano/British Pound (FOREX:BOBGBP)
Crossroads (-60) - BOBGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for BOBGBP
The long-term trend has been UP since Jul 19th, 2021 at 0.10547567
The intermediate-term trend has been DOWN since Oct 26th, 2021 at 0.10666256
The short-term trend has been DOWN since Oct 26th, 2021 at 0.10666256
Smart Scan Analysis for BOBGBP
Based on our trend formula, BOBGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).