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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
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.
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MarketClub’s Trade Triangles for BAMGBP
The long-term trend has been DOWN since Sep 25th, 2024 at 0.42960526
The intermediate-term trend has been UP since Oct 21st, 2024 at 0.42561957
The short-term trend has been UP since Nov 19th, 2024 at 0.42725322
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.4274603 | 0.4274603 | 0.4274603 | 0.4274603 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.4274603 | 2024-11-19 07:25:19 |