Forex Trend Analysis Report
Prepared for you on Friday, December 4, 2020.
Bosnia-Herzegovina Mark/US Dollar (FOREX:BAMUSD)
Countertrend Up (+85) - BAMUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Nov 17th, 2020 at 0.60372623
The short-term trend has been UP since Dec 1st, 2020 at 0.60726702
Smart Scan Analysis for BAMUSD
Based on our trend formula, BAMUSD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).