Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
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.
MarketClub’s Trade Triangles for BAMUSD
The long-term trend has been UP since Dec 1st, 2020 at 0.60726702
The intermediate-term trend has been UP since Feb 11th, 2021 at 0.61998062
The short-term trend has been UP since Feb 22nd, 2021 at 0.62014168
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).