Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
British Pound/Bosnia-Herzegovina Mark (FOREX:GBPBAM)
Sidelines Mode (+50) - GBPBAM is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GBPBAM can gain momentum.
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 Jan 15th, 2025 at 2.3394597
The intermediate-term trend has been UP since Apr 28th, 2025 at 2.2891721
The short-term trend has been UP since Apr 23rd, 2025 at 2.2831194
Smart Scan Analysis for GBPBAM
Based on our trend formula, GBPBAM is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.2934941 | 2.2934941 | 2.2934941 | 2.2934941 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.3065039 | 2025-05-03 16:46:29 |