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Forex Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

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

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_GBPBAM
Open High Low GBPBAM Price Change
2.23685 2.23685 2.23685 2.23685 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPBAM

long term up The long term trend has been UP since Oct 7th, 2018 at 2.21905

intermediate term up The intermediate term trend has been UP since Sep 9th, 2018 at 2.18055

short term up The short term trend has been UP since Sep 27th, 2018 at 2.18635

Smart Scan Analysis for GBPBAM

Based on a pre-defined weighted trend formula for chart analysis, GBPBAM scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+80
Smart Scan Analysis for GBPBAM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.23685 2.23685 2.23685 2.23685 0.00000
Prev. Close Volume Bid Ask Time
2.23685 2.22540 2.24830 2018-10-09 21:28:05
Want to analyze British Pound/Bosnia-Herzegovina Mark GBPBAM or another symbol? Try our Free Forex Trend Analysis Report.