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Forex Trend Analysis Report

Prepared for you on Tuesday, August 11, 2020.

Bolivian Boliviano/British Pound (FOREX:BOBGBP)

Long-Term Downtrend (-90) - BOBGBP is in a strong downtrend that is likely to continue. While BOBGBP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid BOBGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for BOBGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_BOBGBP
Open High Low BOBGBP Price Change
0.11194108 0.11194108 0.11194108 0.11194108 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BOBGBP

long term down The long-term trend has been DOWN since Jul 29th, 2020 at 0.11346471

intermediate term down The intermediate-term trend has been DOWN since Jul 8th, 2020 at 0.11566456

short term down The short-term trend has been DOWN since Jul 21st, 2020 at 0.11481029

Smart Scan Analysis for BOBGBP

Based on our trend formula, BOBGBP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for BOBGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11194108 0.11194108 0.11194108 0.11194108 0.00000000
Prev. Close Volume Bid Ask Time
0.11063711 0.10917881 0.11470335 2020-07-29 04:35:16
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