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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Bosnia-Herzegovina Mark/US Dollar (FOREX:BAMUSD)
Long-Term Downtrend (-90) - BAMUSD is in a strong downtrend that is likely to continue. While BAMUSD 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 BAMUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for BAMUSD.
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 BAMUSD
The long-term trend has been DOWN since Apr 14th, 2024 at 0.54749872
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 0.55423783
The short-term trend has been DOWN since Apr 14th, 2024 at 0.55063307
Smart Scan Analysis for BAMUSD
Based on our trend formula, BAMUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.54559663 | 0.54559663 | 0.54559663 | 0.54559663 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.54758564 | 2024-04-21 15:40:05 |