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Forex Trend Analysis Report
Prepared for you on Friday, April 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 Jan 26th, 2024 at 2.2863756
The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 2.2859614
The short-term trend has been DOWN since Apr 21st, 2024 at 2.2791551
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 |
|---|---|---|---|---|
| 2.2809493 | 2.2809493 | 2.2809493 | 2.2809493 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.2809493 | 2024-04-25 07:26:33 |