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Forex Trend Analysis Report

Prepared for you on Friday, June 14, 2024.

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

Strong Downtrend (-100) - BAMGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BAMGBP continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid BAMGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for BAMGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_BAMGBP
Open High Low BAMGBP Price Change
0.43056908 0.43056908 0.43056908 0.43056908 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BAMGBP

long term down The long-term trend has been DOWN since May 22nd, 2024 at 0.43607337

intermediate term down The intermediate-term trend has been DOWN since May 22nd, 2024 at 0.43638783

short term down The short-term trend has been DOWN since Jun 11th, 2024 at 0.43510187

Smart Scan Analysis for BAMGBP

Based on our trend formula, BAMGBP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for BAMGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.43056908 0.43056908 0.43056908 0.43056908 0.00000000
Prev. Close Volume Bid Ask Time
0.43056908 2024-06-14 07:26:19
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