Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
British Pound/Bosnia-Herzegovina Mark (FOREX:GBPBAM)
Strong Downtrend (-100) - GBPBAM is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GBPBAM?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPBAM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GBPBAM
The long-term trend has been DOWN since Mar 4th, 2020 at 2.2866111
The intermediate-term trend has been DOWN since May 12th, 2020 at 2.2142182
The short-term trend has been DOWN since May 8th, 2020 at 2.2402525
Smart Scan Analysis for GBPBAM
Based on our trend formula, GBPBAM is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).