Forex Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
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, SHORTSYMBOL 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.
MarketClub’s Trade Triangles for BAMGBP
The long-term trend has been DOWN since Feb 1st, 2021 at 0.45430494
The intermediate-term trend has been DOWN since Jan 13th, 2021 at 0.45955604
The short-term trend has been DOWN since Dec 24th, 2020 at 0.46459496
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).