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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

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

Crossroads (-60) - BAMGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.42425692 0.42425692 0.42425692 0.42425692 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BAMGBP

long term down The long-term trend has been DOWN since Sep 25th, 2024 at 0.42960526

intermediate term up The intermediate-term trend has been UP since Dec 23rd, 2024 at 0.42415977

short term up The short-term trend has been UP since Dec 23rd, 2024 at 0.42254403

Smart Scan Analysis for BAMGBP

Based on our trend formula, BAMGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for BAMGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.42425692 0.42425692 0.42425692 0.42425692 0.00000000
Prev. Close Volume Bid Ask Time
0.41720592 2024-12-23 07:25:13
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