Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Monday, October 2, 2023.
US Dollar/Bolivian Boliviano (FOREX:USDBOB)
Sidelines Mode (+50) - USDBOB is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until USDBOB can gain momentum.
Is it time to buy, sell, or avoid USDBOB?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDBOB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for USDBOB
The long-term trend has been DOWN since Jun 21st, 2023 at 6.876233
The intermediate-term trend has been UP since Sep 30th, 2023 at 6.914564
The short-term trend has been UP since Sep 4th, 2023 at 6.914278
Smart Scan Analysis for USDBOB
Based on our trend formula, USDBOB is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.924857 | 6.924857 | 6.924857 | 6.924857 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.924857 | 2023-09-30 15:44:15 |