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Forex Trend Analysis Report

Prepared for you on Wednesday, December 7, 2022.

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

Weak Downtrend (-65) - BAMGBP is showing signs of a strengthening downtrend. Monitor BAMGBP as it may be building momentum to the downside.

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
0.43968672 0.43968672 0.43968672 0.43968672 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BAMGBP

long term up The long-term trend has been UP since Apr 26th, 2022 at 0.43216286

intermediate term down The intermediate-term trend has been DOWN since Nov 24th, 2022 at 0.43991681

short term down The short-term trend has been DOWN since Nov 21st, 2022 at 0.44577125

Smart Scan Analysis for BAMGBP

Based on our trend formula, BAMGBP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for BAMGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.43968672 0.43968672 0.43968672 0.43968672 0.00000000
Prev. Close Volume Bid Ask Time
0.43968672 2022-12-06 07:22:52
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