Forex Trend Analysis Report
Prepared for you on Wednesday, October 27, 2021.
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.
MarketClub’s Trade Triangles for BOBUSD
The long-term trend has been UP since Aug 15th, 2021 at 0.14536829
The intermediate-term trend has been DOWN since Sep 15th, 2021 at 0.14490567
The short-term trend has been DOWN since Oct 26th, 2021 at 0.14491755
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).