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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
US Dollar/Bolivian Boliviano (FOREX:USDBOB)
Long-Term Downtrend (-90) - USDBOB is in a strong downtrend that is likely to continue. While USDBOB 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 USDBOB?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDBOB.
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 USDBOB
The long-term trend has been DOWN since Apr 3rd, 2024 at 6.876173
The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 6.901471
The short-term trend has been DOWN since Apr 21st, 2024 at 6.931452
Smart Scan Analysis for USDBOB
Based on our trend formula, USDBOB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.900611 | 6.900611 | 6.900611 | 6.900611 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.923360 | 2024-04-24 21:01:01 |