Forex Trend Analysis Report
Prepared for you on Thursday, December 3, 2020.
Bosnia-Herzegovina Mark/British Pound (FOREX:BAMGBP)
Sidelines Mode (+50) - BAMGBP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until BAMGBP can gain momentum.
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 Sep 2nd, 2020 at 0.45495174
The intermediate-term trend has been UP since Dec 1st, 2020 at 0.45799401
The short-term trend has been UP since Dec 1st, 2020 at 0.45799401
Smart Scan Analysis for BAMGBP
Based on our trend formula, BAMGBP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).