Forex Trend Analysis Report
Prepared for you on Tuesday, December 1, 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 Nov 19th, 2020 at 0.14536730
The intermediate-term trend has been DOWN since Nov 23rd, 2020 at 0.14475487
The short-term trend has been DOWN since Nov 23rd, 2020 at 0.14475487
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).