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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Bolivian Boliviano/British Pound (FOREX:BOBGBP)

Sidelines Mode (+55) - BOBGBP 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 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
0.11704511 0.11704511 0.11704511 0.11704511 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BOBGBP

long term up The long-term trend has been UP since Mar 4th, 2020 at 0.11245346

intermediate term up The intermediate-term trend has been UP since May 11th, 2020 at 0.11687229

short term down The short-term trend has been DOWN since May 19th, 2020 at 0.11888789

Smart Scan Analysis for BOBGBP

Based on our trend formula, BOBGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for BOBGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11704511 0.11704511 0.11704511 0.11704511 0.00000000
Prev. Close Volume Bid Ask Time
0.11704511 0.11399260 0.12009761 2020-06-01 07:17:49
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