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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

British Pound/Bolivian Boliviano (FOREX:GBPBOB)

Countertrend Down (-85) - GBPBOB is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
8.429028 8.429028 8.429028 8.429028 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPBOB

long term down The long-term trend has been DOWN since Mar 4th, 2020 at 8.898954

intermediate term down The intermediate-term trend has been DOWN since May 11th, 2020 at 8.562450

short term up The short-term trend has been UP since May 19th, 2020 at 8.417367

Smart Scan Analysis for GBPBOB

Based on our trend formula, GBPBOB is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for GBPBOB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.429028 8.429028 8.429028 8.429028 0.000000
Prev. Close Volume Bid Ask Time
8.429028 8.205051 8.653004 2020-05-25 21:04:34
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