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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
British Pound/Bosnia-Herzegovina Mark (FOREX:GBPBAM)
Crossroads (-60) - GBPBAM is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 UP since Sep 25th, 2024 at 2.3277791
The intermediate-term trend has been DOWN since Dec 23rd, 2024 at 2.3576638
The short-term trend has been DOWN since Dec 23rd, 2024 at 2.3666792
Smart Scan Analysis for GBPBAM
Based on our trend formula, GBPBAM is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.3571239 | 2.3571239 | 2.3571239 | 2.3571239 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.3969606 | 2024-12-23 07:25:13 |