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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.

FOREX_BAMUSD
Open High Low BAMUSD Price Change
0.61597454 0.61932359 0.61597454 0.61932359 +0.00334900
Entry Signal

MarketClub’s Trade Triangles for BAMUSD

long term up The long-term trend has been UP since Dec 1st, 2020 at 0.60726702

intermediate term up The intermediate-term trend has been UP since Nov 17th, 2020 at 0.60372623

short term up 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).

+80
Smart Scan Analysis for BAMUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.61597454 0.61932359 0.61597454 0.61932359 +0.00334900
Prev. Close Volume Bid Ask Time
0.62093932 2020-12-02 21:02:56
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