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Forex Trend Analysis Report
Prepared for you on Friday, August 12, 2022.
US Dollar/Bolivian Boliviano (FOREX:USDBOB)
Crossroads (-60) - USDBOB is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for USDBOB
The long-term trend has been DOWN since Aug 15th, 2021 at 6.882976
The intermediate-term trend has been UP since Jul 29th, 2022 at 6.885572
The short-term trend has been UP since Jul 29th, 2022 at 6.885572
Smart Scan Analysis for USDBOB
Based on our trend formula, USDBOB is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.888249 | 6.888249 | 6.888249 | 6.888249 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.888249 | 2022-08-10 07:20:34 |