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Forex Trend Analysis Report

Prepared for you on Sunday, January 29, 2023.

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

Bull Market Weakness (+75) - BAMUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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
0.55596776 0.55596776 0.55596776 0.55596776 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BAMUSD

long term up The long-term trend has been UP since Nov 15th, 2022 at 0.52492898

intermediate term up The intermediate-term trend has been UP since Nov 15th, 2022 at 0.51532666

short term up The short-term trend has been UP since Nov 15th, 2022 at 0.51046159

Smart Scan Analysis for BAMUSD

Based on our trend formula, BAMUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for BAMUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.55596776 0.55596776 0.55596776 0.55596776 0.00000000
Prev. Close Volume Bid Ask Time
0.55596776 2023-01-28 03:03:13
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