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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Bolivian Boliviano/US Dollar (FOREX:BOBUSD)

Crossroads (-60) - BOBUSD 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 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.

FOREX_BOBUSD
Open High Low BOBUSD Price Change
0.14474053 0.14474053 0.14474053 0.14474053 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BOBUSD

long term up The long-term trend has been UP since Aug 2nd, 2024 at 0.14555464

intermediate term down The intermediate-term trend has been DOWN since Nov 18th, 2024 at 0.14490037

short term down The short-term trend has been DOWN since Nov 18th, 2024 at 0.14476598

Smart Scan Analysis for BOBUSD

Based on our trend formula, BOBUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for BOBUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.14474053 0.14474053 0.14474053 0.14474053 0.00000000
Prev. Close Volume Bid Ask Time
0.14474053 2024-11-18 07:25:24
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