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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Bosnia-Herzegovina Mark/British Pound (FOREX:BAMGBP)
Sidelines Mode (-55) - BAMGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
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MarketClub’s Trade Triangles for BAMGBP
The long-term trend has been DOWN since May 22nd, 2024 at 0.43607337
The intermediate-term trend has been DOWN since Jul 14th, 2024 at 0.43065345
The short-term trend has been UP since Jul 17th, 2024 at 0.42988392
Smart Scan Analysis for BAMGBP
Based on our trend formula, BAMGBP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.43138719 | 0.43138719 | 0.43138719 | 0.43138719 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.43138719 | 2024-07-26 07:26:06 |