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Forex Trend Analysis Report
Prepared for you on Friday, September 20, 2024.
British Pound/Bosnia-Herzegovina Mark (FOREX:GBPBAM)
Bear Market Rally (-75) - GBPBAM is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPBAM as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for GBPBAM
The long-term trend has been DOWN since Aug 7th, 2024 at 2.2717690
The intermediate-term trend has been DOWN since Aug 2nd, 2024 at 2.3104548
The short-term trend has been UP since Aug 11th, 2024 at 2.2841193
Smart Scan Analysis for GBPBAM
Based on our trend formula, GBPBAM is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.3154057 | 2.3154057 | 2.3154057 | 2.3154057 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.3224167 | 2024-09-17 16:43:45 |