Forex Trend Analysis Report
Prepared for you on Tuesday, June 28, 2022.
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.
MarketClub’s Trade Triangles for GBPBAM
The long-term trend has been DOWN since Apr 26th, 2022 at 2.3140029
The intermediate-term trend has been DOWN since May 5th, 2022 at 2.3118695
The short-term trend has been DOWN since May 30th, 2022 at 2.3032119
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).