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Forex Trend Analysis Report
Prepared for you on Sunday, February 16, 2020.
British Pound/Bosnia-Herzegovina Mark (FOREX:GBPBAM)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
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MarketClub’s Trade Triangles for GBPBAM
The long term trend has been UP since Sep 17th, 2019 at 2.2072000
The intermediate term trend has been UP since Jan 22nd, 2020 at 2.3071243
The short term trend has been UP since Feb 11th, 2020 at 2.3098354
Smart Scan Analysis for GBPBAM
Based on a pre-defined weighted trend formula for chart analysis, GBPBAM scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.3548187 | 2.3548187 | 2.3548187 | 2.3548187 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.3548187 | 2.3427787 | 2.3668587 | 2020-02-13 21:03:26 |