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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 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.
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MarketClub’s Trade Triangles for EURBAM
The long-term trend has been DOWN since Mar 6th, 2023 at 1.95583
The intermediate-term trend has been DOWN since Mar 6th, 2023 at 1.95583
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.9558 | 1.9558 | 1.9558 | 1.9558 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.9558 | 2024-04-21 15:40:05 |