Forex Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
Euro/Bosnia-Herzegovina Mark (FOREX:EURBAM)
Bull Market Weakness (+75) - EURBAM is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURBAM as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid EURBAM?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURBAM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURBAM
The long-term trend has been UP since Oct 17th, 2019 at 1.9558
The intermediate-term trend has been UP since Oct 17th, 2019 at 1.9558
The short-term trend has been UP since Oct 17th, 2019 at 1.9558
Smart Scan Analysis for EURBAM
Based on our trend formula, EURBAM is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).