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Forex Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

US Dollar/Bolivian Boliviano (FOREX:USDBOB)

Weak Downtrend (-65) - USDBOB is showing signs of a strengthening downtrend. Monitor USDBOB as it may be building momentum to the downside.

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
6.933366 6.933366 6.933366 6.933366 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDBOB

long term down The long-term trend has been DOWN since Apr 3rd, 2024 at 6.876173

intermediate term down The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 6.901471

short term up 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 -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for USDBOB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.933366 6.933366 6.933366 6.933366 0.000000
Prev. Close Volume Bid Ask Time
6.906803 2024-04-14 22:04:00
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