Forex Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
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 Sep 22nd, 2023 at 0.44282270
The intermediate-term trend has been DOWN since Nov 24th, 2023 at 0.44517474
The short-term trend has been DOWN since Nov 24th, 2023 at 0.44599540
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).