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Forex Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

Bolivian Boliviano/US Dollar (FOREX:BOBUSD)

Countertrend Up (+85) - BOBUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
0.14508149 0.14508149 0.14508149 0.14508149 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 up The intermediate-term trend has been UP since Dec 6th, 2024 at 0.14474053

short term up The short-term trend has been UP since Dec 15th, 2024 at 0.14477878

Smart Scan Analysis for BOBUSD

Based on our trend formula, BOBUSD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for BOBUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.14508149 0.14508149 0.14508149 0.14508149 0.00000000
Prev. Close Volume Bid Ask Time
0.14540593 2024-12-15 07:27:23
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