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Forex Trend Analysis Report

Prepared for you on Sunday, September 15, 2024.

Bolivian Boliviano/US Dollar (FOREX:BOBUSD)

Crossroads (-60) - BOBUSD 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 BOBUSD?

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

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

FOREX_BOBUSD
Open High Low BOBUSD Price Change
0.14476847 0.14476847 0.14476847 0.14476847 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BOBUSD

long term up The long-term trend has been UP since Aug 2nd, 2024 at 0.14555464

intermediate term down The intermediate-term trend has been DOWN since Sep 14th, 2024 at 0.14478184

short term down The short-term trend has been DOWN since Aug 23rd, 2024 at 0.14479365

Smart Scan Analysis for BOBUSD

Based on our trend formula, BOBUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for BOBUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.14476847 0.14476847 0.14476847 0.14476847 0.00000000
Prev. Close Volume Bid Ask Time
0.14476847 2024-09-14 08:06:24
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