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Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Euro/Bosnia-Herzegovina Mark (FOREX:EURBAM)

Strong Downtrend (-100) - EURBAM is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURBAM continues to fall. Traders should use caution and set stops.

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.

FOREX_EURBAM
Open High Low EURBAM Price Change
1.9558 1.9558 1.9558 1.9558 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURBAM

long term down The long-term trend has been DOWN since Mar 6th, 2023 at 1.95583

intermediate term down The intermediate-term trend has been DOWN since Mar 6th, 2023 at 1.95583

short term down The short-term trend has been DOWN since Mar 6th, 2023 at 1.95583

Smart Scan Analysis for EURBAM

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

-100
Smart Scan Analysis for EURBAM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.9558 1.9558 1.9558 1.9558 0.0000
Prev. Close Volume Bid Ask Time
1.9558 2024-04-14 22:04:00
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