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Forex Trend Analysis Report

Prepared for you on Tuesday, October 23, 2018.

Bosnia-Herzegovina Mark/British Pound (FOREX:BAMGBP)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_BAMGBP
Open High Low BAMGBP Price Change
0.450435 0.450435 0.450435 0.450435 0.000000
Entry Signal

MarketClub’s Trade Triangles for BAMGBP

long term down The long term trend has been DOWN since Oct 7th, 2018 at 0.450665

intermediate term down The intermediate term trend has been DOWN since Sep 9th, 2018 at 0.458615

short term up The short term trend has been UP since Oct 21st, 2018 at 0.449880

Smart Scan Analysis for BAMGBP

Based on a pre-defined weighted trend formula for chart analysis, BAMGBP scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for BAMGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.450435 0.450435 0.450435 0.450435 0.000000
Prev. Close Volume Bid Ask Time
0.450435 0.448130 0.452740 2018-10-21 20:20:54
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