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Forex Trend Analysis Report

Prepared for you on Wednesday, April 25, 2018.

US Dollar/Bosnia-Herzegovina Mark (FOREX:USDBAM)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

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.

Open High Low USDBAM Price Change
1.6015 1.6015 1.6015 1.6015 0.0000
Entry Signal

MarketClub’s Trade Triangles for USDBAM

long term down The long term trend has been DOWN since Jan 8th, 2018 at 1.6381

intermediate term up The intermediate term trend has been UP since Mar 29th, 2018 at 1.5871

short term up The short term trend has been UP since Apr 24th, 2018 at 1.5995

Smart Scan Analysis for USDBAM

Based on a pre-defined weighted trend formula for chart analysis, USDBAM scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for USDBAM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.6015 1.6015 1.6015 1.6015 0.0000
Prev. Close Volume Bid Ask Time
1.6029 1.5933 1.6097 2018-04-24 09:26:48
Want to analyze US Dollar/Bosnia-Herzegovina Mark USDBAM or another symbol? Try our Free Forex Trend Analysis Report.