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Forex Trend Analysis Report
Prepared for you on Friday, October 4, 2024.
Bosnia-Herzegovina Mark/British Pound (FOREX:BAMGBP)
Long-Term Downtrend (-90) - BAMGBP is in a strong downtrend that is likely to continue. While BAMGBP is showing intraday strength, it remains in the confines of a bearish trend. 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.
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MarketClub’s Trade Triangles for BAMGBP
The long-term trend has been DOWN since Sep 25th, 2024 at 0.42960526
The intermediate-term trend has been DOWN since Sep 25th, 2024 at 0.43163517
The short-term trend has been DOWN since Aug 11th, 2024 at 0.43781695
Smart Scan Analysis for BAMGBP
Based on our trend formula, BAMGBP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.42561957 | 0.42561957 | 0.42561957 | 0.42561957 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.42784123 | 2024-10-02 21:06:19 |