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Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

British Pound/Bolivian Boliviano (FOREX:GBPBOB)

Countertrend Up (+85) - GBPBOB is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
9.284115 9.284115 9.284115 9.284115 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPBOB

long term up The long-term trend has been UP since Jul 29th, 2020 at 8.819041

intermediate term up The intermediate-term trend has been UP since Oct 12th, 2020 at 8.897728

short term up The short-term trend has been UP since Oct 21st, 2020 at 9.016861

Smart Scan Analysis for GBPBOB

Based on our trend formula, GBPBOB is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for GBPBOB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.284115 9.284115 9.284115 9.284115 0.000000
Prev. Close Volume Bid Ask Time
9.284115 2020-12-03 07:20:43
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