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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2025.

British Pound/Bosnia-Herzegovina Mark (FOREX:GBPBAM)

Strong Downtrend (-100) - GBPBAM is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPBAM continues to fall. Traders should use caution and set stops.

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.

FOREX_GBPBAM
Open High Low GBPBAM Price Change
2.3149672 2.3149672 2.3149672 2.3149672 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPBAM

long term down The long-term trend has been DOWN since Jan 15th, 2025 at 2.3394597

intermediate term down The intermediate-term trend has been DOWN since Dec 23rd, 2024 at 2.3576638

short term down 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 -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for GBPBAM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.3149672 2.3149672 2.3149672 2.3149672 0.0000000
Prev. Close Volume Bid Ask Time
2.3149672 2025-01-18 02:34:59
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