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Forex Trend Analysis Report

Prepared for you on Friday, March 24, 2023.

British Pound/Bolivian Boliviano (FOREX:GBPBOB)

Crossroads (-60) - GBPBOB 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 GBPBOB?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPBOB.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPBOB
Open High Low GBPBOB Price Change
8.383746 8.383746 8.383746 8.383746 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPBOB

long term down The long-term trend has been DOWN since Mar 8th, 2023 at 8.264467

intermediate term up The intermediate-term trend has been UP since Mar 18th, 2023 at 8.355701

short term up The short-term trend has been UP since Mar 18th, 2023 at 8.282533

Smart Scan Analysis for GBPBOB

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

-60
Smart Scan Analysis for GBPBOB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.383746 8.383746 8.383746 8.383746 0.000000
Prev. Close Volume Bid Ask Time
8.383746 2023-03-18 03:55:50
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