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Forex Trend Analysis Report
Prepared for you on Monday, February 3, 2025.
US Dollar/Bolivian Boliviano (FOREX:USDBOB)
Countertrend Up (+85) - USDBOB 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 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 UP since Feb 2nd, 2025 at 6.928051
The intermediate-term trend has been UP since Feb 2nd, 2025 at 6.928051
The short-term trend has been UP since Feb 2nd, 2025 at 6.912143
Smart Scan Analysis for USDBOB
Based on our trend formula, USDBOB is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.919180 | 7.008798 | 6.919180 | 7.008798 | +0.089618 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.919180 | 2025-02-02 14:27:09 |