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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.

FOREX_GBPBAM
Open High Low GBPBAM Price Change
2.2730183 2.2730183 2.2730183 2.2730183 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPBAM

long term up The long-term trend has been UP since Feb 1st, 2021 at 2.2012223

intermediate term up The intermediate-term trend has been UP since Jan 13th, 2021 at 2.1760700

short term up 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).

+80
Smart Scan Analysis for GBPBAM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.2730183 2.2730183 2.2730183 2.2730183 0.0000000
Prev. Close Volume Bid Ask Time
2.2730183 2021-02-24 07:23:15
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