Forex Trend Analysis Report
Prepared for you on Wednesday, December 7, 2022.
Bosnia-Herzegovina Mark/Euro (FOREX:BAMEUR)
Strong Downtrend (-100) - BAMEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BAMEUR continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid BAMEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for BAMEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BAMEUR
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for BAMEUR
Based on our trend formula, BAMEUR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).