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Forex Trend Analysis Report

Prepared for you on Sunday, October 24, 2021.

US Dollar/Bolivian Boliviano (FOREX:USDBOB)

Bear Market Rally (-75) - USDBOB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on USDBOB as it may be in the beginning of a reversal.

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.

FOREX_USDBOB
Open High Low USDBOB Price Change
6.899836 6.899836 6.899836 6.899836 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDBOB

long term down The long-term trend has been DOWN since Aug 15th, 2021 at 6.882976

intermediate term up The intermediate-term trend has been UP since Sep 15th, 2021 at 6.905275

short term down The short-term trend has been DOWN since Sep 27th, 2021 at 6.903830

Smart Scan Analysis for USDBOB

Based on our trend formula, USDBOB is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for USDBOB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.899836 6.899836 6.899836 6.899836 0.000000
Prev. Close Volume Bid Ask Time
6.899836 2021-10-23 18:50:31
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