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Forex Trend Analysis Report
Prepared for you on Friday, December 6, 2024.
British Pound/Bolivian Boliviano (FOREX:GBPBOB)
Weak Downtrend (-65) - GBPBOB is showing signs of a strengthening downtrend. Monitor GBPBOB as it may be building momentum to the downside.
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.
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MarketClub’s Trade Triangles for GBPBOB
The long-term trend has been DOWN since Nov 18th, 2024 at 8.754177
The intermediate-term trend has been UP since Dec 4th, 2024 at 8.726171
The short-term trend has been DOWN since Oct 3rd, 2024 at 9.108667
Smart Scan Analysis for GBPBOB
Based on our trend formula, GBPBOB is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.828445 | 8.828445 | 8.828445 | 8.828445 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.828445 | 2024-12-06 07:25:21 |