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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Bosnia-Herzegovina Mark/British Pound (FOREX:BAMGBP)
Bear Market Rally (-75) - BAMGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BAMGBP as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid BAMGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for BAMGBP.
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 BAMGBP
The long-term trend has been DOWN since Jan 26th, 2024 at 0.43738489
The intermediate-term trend has been DOWN since Apr 29th, 2024 at 0.43712923
The short-term trend has been UP since May 2nd, 2024 at 0.43714457
Smart Scan Analysis for BAMGBP
Based on our trend formula, BAMGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.43988777 | 0.43988777 | 0.43988777 | 0.43988777 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.43988777 | 2024-05-08 07:26:31 |