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Forex Trend Analysis Report

Prepared for you on Thursday, May 6, 2021.

Bolivian Boliviano/US Dollar (FOREX:BOBUSD)

Sidelines Mode (+55) - BOBUSD 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 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
0.14418626 0.14418626 0.14418626 0.14418626 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BOBUSD

long term up The long-term trend has been UP since Nov 19th, 2020 at 0.14536730

intermediate term up The intermediate-term trend has been UP since Apr 1st, 2021 at 0.14506811

short term down The short-term trend has been DOWN since Apr 18th, 2021 at 0.14480447

Smart Scan Analysis for BOBUSD

Based on our trend formula, BOBUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for BOBUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.14418626 0.14418626 0.14418626 0.14418626 0.00000000
Prev. Close Volume Bid Ask Time
0.14418626 2021-05-01 03:02:36
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