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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
US Dollar/Bolivian Boliviano (FOREX:USDBOB)
Sidelines Mode (-55) - USDBOB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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 Apr 3rd, 2024 at 6.876173
The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 6.901471
The short-term trend has been UP since Apr 8th, 2024 at 6.910110
Smart Scan Analysis for USDBOB
Based on our trend formula, USDBOB is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.934727 | 6.934727 | 6.934727 | 6.934727 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.934727 | 2024-04-18 07:26:26 |