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Forex Trend Analysis Report

Prepared for you on Saturday, July 20, 2024.

British Pound/Bolivian Boliviano (FOREX:GBPBOB)

Long-Term Uptrend (+90) - GBPBOB is in a strong uptrend that is likely to continue. While GBPBOB is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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
8.984126 8.984126 8.980281 8.980281 -0.003845
Entry Signal

MarketClub’s Trade Triangles for GBPBOB

long term up The long-term trend has been UP since Jul 8th, 2024 at 8.858617

intermediate term up The intermediate-term trend has been UP since Jul 8th, 2024 at 8.843332

short term up The short-term trend has been UP since Jun 30th, 2024 at 8.743454

Smart Scan Analysis for GBPBOB

Based on our trend formula, GBPBOB is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for GBPBOB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.984126 8.984126 8.980281 8.980281 -0.003845
Prev. Close Volume Bid Ask Time
8.927533 2024-07-17 21:06:54
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