Forex Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
Bolivian Boliviano/US Dollar (FOREX:BOBUSD)
Weak Downtrend (-65) - BOBUSD is showing signs of a strengthening downtrend. Monitor BOBUSD as it may be building momentum to the downside.
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 UP since Mar 29th, 2020 at 0.14546358
The intermediate-term trend has been DOWN since May 19th, 2020 at 0.14454746
The short-term trend has been DOWN since May 19th, 2020 at 0.14510888
Smart Scan Analysis for BOBUSD
Based on our trend formula, BOBUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).