Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, March 30, 2023.

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

Bear Market Rally (-75) - GBPBAM is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPBAM as it may be in the beginning of a reversal.

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
2.2171461 2.2171461 2.2171461 2.2171461 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPBAM

long term down The long-term trend has been DOWN since Apr 26th, 2022 at 2.3140029

intermediate term up The intermediate-term trend has been UP since Feb 28th, 2023 at 2.2249613

short term down The short-term trend has been DOWN since Mar 29th, 2023 at 2.2250791

Smart Scan Analysis for GBPBAM

Based on our trend formula, GBPBAM is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for GBPBAM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.2171461 2.2171461 2.2171461 2.2171461 0.0000000
Prev. Close Volume Bid Ask Time
2.2171461 2023-03-30 07:28:01
Get a free daily analysis and signals for British Pound/Bosnia-Herzegovina Mark (GBPBAM) - Request Your Free Report.