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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.

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

MarketClub’s Trade Triangles for BAMGBP

long term down The long-term trend has been DOWN since Sep 2nd, 2020 at 0.45495174

intermediate term up The intermediate-term trend has been UP since Dec 1st, 2020 at 0.45799401

short term up 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
Smart Scan Analysis for BAMGBP
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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