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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
British Pound/Bolivian Boliviano (FOREX:GBPBOB)
Sidelines Mode (+50) - GBPBOB is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GBPBOB can gain momentum.
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 Jan 15th, 2025 at 8.386733
The short-term trend has been UP since Feb 5th, 2025 at 8.642355
Smart Scan Analysis for GBPBOB
Based on our trend formula, GBPBOB is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.738298 | 8.738298 | 8.738298 | 8.738298 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.738298 | 2025-02-22 01:41:03 |