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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
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.
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MarketClub’s Trade Triangles for USDBOB
The long-term trend has been DOWN since Feb 12th, 2025 at 6.897339
The intermediate-term trend has been UP since Mar 23rd, 2025 at 6.915887
The short-term trend has been UP since May 3rd, 2025 at 6.907155
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 |
|---|---|---|---|---|
| 6.926445 | 6.926445 | 6.926445 | 6.926445 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.926445 | 2025-05-03 16:46:28 |