Forex Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
British Pound/Bolivian Boliviano (FOREX:GBPBOB)
Sidelines Mode (+55) - GBPBOB 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 GBPBOB?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPBOB.
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 GBPBOB
The long-term trend has been UP since Dec 3rd, 2023 at 8.782130
The intermediate-term trend has been UP since Mar 4th, 2024 at 8.753445
The short-term trend has been DOWN since Mar 14th, 2024 at 8.863727
Smart Scan Analysis for GBPBOB
Based on our trend formula, GBPBOB is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
8.767803 | 8.767803 | 8.767803 | 8.767803 | 0.000000 |
Prev. Close | Volume | Bid | Ask | Time |
8.718798 | 2024-03-20 08:26:11 |