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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.

FOREX_GBPBAM
Open High Low GBPBAM Price Change
2.1901302 2.1901302 2.1901302 2.1901302 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPBAM

long term down The long-term trend has been DOWN since Mar 4th, 2020 at 2.2866111

intermediate term down The intermediate-term trend has been DOWN since May 12th, 2020 at 2.2142182

short term down 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).

-100
Smart Scan Analysis for GBPBAM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.1901302 2.1901302 2.1901302 2.1901302 0.0000000
Prev. Close Volume Bid Ask Time
2.1667285 2.1789322 2.2013281 2020-05-25 21:04:34
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