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Forex Trend Analysis Report

Prepared for you on Tuesday, August 21, 2018.

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

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_GBPBAM
Open High Low GBPBAM Price Change
2.17925 2.17925 2.17925 2.17925 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPBAM

long term down The long term trend has been DOWN since Jul 2nd, 2018 at 2.21110

intermediate term down The intermediate term trend has been DOWN since Jun 26th, 2018 at 2.22125

short term down The short term trend has been DOWN since Aug 8th, 2018 at 2.19715

Smart Scan Analysis for GBPBAM

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

-100
Smart Scan Analysis for GBPBAM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.17925 2.17925 2.17925 2.17925 0.00000
Prev. Close Volume Bid Ask Time
2.17925 2.16810 2.19040 2018-08-20 21:20:27
Want to analyze British Pound/Bosnia-Herzegovina Mark GBPBAM or another symbol? Try our Free Forex Trend Analysis Report.