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.
MarketClub’s Trade Triangles for BAMGBP
The long-term trend has been UP since Apr 26th, 2022 at 0.43216286
The intermediate-term trend has been DOWN since Nov 24th, 2022 at 0.43991681
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).