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.

Open	High	Low	BAMGBP Price	Change
0.46196429	0.46335249	0.46196429	0.46335249	+0.00138800
Entry Signal

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).

+50

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.46196429	0.46335249	0.46196429	0.46335249	+0.00138800
Prev. Close	Volume	Bid	Ask	Time
0.46127147				2020-12-02 21:02:56

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