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Forex Trend Analysis Report

Prepared for you on Tuesday, October 26, 2021.

Bosnia-Herzegovina Mark/US Dollar (FOREX:BAMUSD)

Bear Market Rally (-75) - BAMUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BAMUSD as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid BAMUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for BAMUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_BAMUSD
Open High Low BAMUSD Price Change
0.59543286 0.59543286 0.59543286 0.59543286 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BAMUSD

long term down The long-term trend has been DOWN since Aug 9th, 2021 at 0.60214629

intermediate term down The intermediate-term trend has been DOWN since Sep 21st, 2021 at 0.60128475

short term up The short-term trend has been UP since Oct 23rd, 2021 at 0.59349757

Smart Scan Analysis for BAMUSD

Based on our trend formula, BAMUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for BAMUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.59543286 0.59543286 0.59543286 0.59543286 0.00000000
Prev. Close Volume Bid Ask Time
0.59543286 2021-10-23 18:50:31
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