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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

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

Weak Uptrend (+65) - BAMUSD is showing signs of weakening momentum to the upside. Monitor BAMUSD as it may be in the beginning stages 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
0.55550077 0.55550077 0.55550077 0.55550077 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BAMUSD

long term up The long-term trend has been UP since Dec 24th, 2023 at 0.56083376

intermediate term up The intermediate-term trend has been UP since Feb 26th, 2024 at 0.55283683

short term down The short-term trend has been DOWN since Mar 14th, 2024 at 0.55916177

Smart Scan Analysis for BAMUSD

Based on our trend formula, BAMUSD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for BAMUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.55550077 0.55550077 0.55550077 0.55550077 0.00000000
Prev. Close Volume Bid Ask Time
0.55913620 2024-03-19 22:06:42
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