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Forex Trend Analysis Report

Prepared for you on Wednesday, June 20, 2018.

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

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
0.44655 0.44655 0.44655 0.44655 0.00000
Entry Signal

MarketClub’s Trade Triangles for BAMGBP

long term down The long term trend has been DOWN since Apr 5th, 2018 at 0.449375

intermediate term down The intermediate term trend has been DOWN since Jun 17th, 2018 at 0.446755

short term down The short term trend has been DOWN since Jun 17th, 2018 at 0.449250

Smart Scan Analysis for BAMGBP

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

-100
Smart Scan Analysis for BAMGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.44655 0.44655 0.44655 0.44655 0.00000
Prev. Close Volume Bid Ask Time
0.44655 0.44427 0.44883 2018-06-17 21:05:53
Want to analyze Bosnia-Herzegovina Mark/British Pound BAMGBP or another symbol? Try our Free Forex Trend Analysis Report.