Forex Trend Analysis Report
Prepared for you on Tuesday, March 9, 2021.
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.
MarketClub’s Trade Triangles for GBPBOB
The long-term trend has been UP since Jul 29th, 2020 at 8.819041
The intermediate-term trend has been DOWN since Mar 7th, 2021 at 9.580394
The short-term trend has been DOWN since Mar 7th, 2021 at 9.684185
Smart Scan Analysis for GBPBOB
Based on our trend formula, GBPBOB is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).