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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
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 UP since Jan 13th, 2025 at 6.916084
The intermediate-term trend has been DOWN since Dec 6th, 2024 at 6.914126
The short-term trend has been UP since Jan 13th, 2025 at 6.914148
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 |
|---|---|---|---|---|
| 6.909902 | 6.909902 | 6.909902 | 6.909902 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.938516 | 2025-01-18 02:34:59 |