Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
British Pound/Bosnia-Herzegovina Mark (FOREX:GBPBAM)
Countertrend Up (+85) - GBPBAM is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Feb 1st, 2021 at 2.2012223
The intermediate-term trend has been UP since Jan 13th, 2021 at 2.1760700
The short-term trend has been UP since Dec 24th, 2020 at 2.1524688
Smart Scan Analysis for GBPBAM
Based on our trend formula, GBPBAM is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).