Forex Trend Analysis Report
Prepared for you on Thursday, April 9, 2020.
US Dollar/Bosnia-Herzegovina Mark (FOREX:USDBAM)
Bull Market Weakness (+75) - USDBAM is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDBAM as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid USDBAM?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDBAM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDBAM
The long-term trend has been UP since Apr 6th, 2020 at 1.8120359
The intermediate-term trend has been UP since Apr 1st, 2020 at 1.7772922
The short-term trend has been UP since Mar 17th, 2020 at 1.7386546
Smart Scan Analysis for USDBAM
Based on our trend formula, USDBAM is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).