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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
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 2nd, 2024 at 6.875249
The intermediate-term trend has been UP since Nov 18th, 2024 at 6.906192
The short-term trend has been UP since Nov 18th, 2024 at 6.912539
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 |
|---|---|---|---|---|
| 6.914126 | 6.914126 | 6.914126 | 6.914126 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.914126 | 2024-11-18 07:25:24 |