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Forex Trend Analysis Report

Prepared for you on Monday, September 24, 2018.

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

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines 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
1.6647 1.6647 1.6647 1.6647 0.0000
Entry Signal

MarketClub’s Trade Triangles for USDBAM

long term up The long term trend has been UP since May 1st, 2018 at 1.61335

intermediate term up The intermediate term trend has been UP since Aug 2nd, 2018 at 1.67960

short term down The short term trend has been DOWN since Sep 18th, 2018 at 1.68260

Smart Scan Analysis for USDBAM

Based on a pre-defined weighted trend formula for chart analysis, USDBAM scored +55 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
1.6647 1.6647 1.6647 1.6647 0.0000
Prev. Close Volume Bid Ask Time
1.6647 1.6562 1.6732 2018-09-23 19:56:31
Want to analyze US Dollar/Bosnia-Herzegovina Mark USDBAM or another symbol? Try our Free Forex Trend Analysis Report.