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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 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
2.3165519 2.3165519 2.3165519 2.3165519 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 Sep 14th, 2021 at 2.2935830

short term up The short-term trend has been UP since Oct 12th, 2021 at 2.2915810

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
2.3165519 2.3165519 2.3165519 2.3165519 0.0000000
Prev. Close Volume Bid Ask Time
2.3165519 2021-10-15 07:17:35
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