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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

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.

FOREX_USDBAM
Open High Low USDBAM Price Change
1.6849709 1.6849709 1.6849709 1.6849709 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDBAM

long term up The long-term trend has been UP since Aug 9th, 2021 at 1.6607694

intermediate term up The intermediate-term trend has been UP since Sep 21st, 2021 at 1.6631490

short term up The short-term trend has been UP since Sep 13th, 2021 at 1.6534266

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).

+70
Smart Scan Analysis for USDBAM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.6849709 1.6849709 1.6849709 1.6849709 0.0000000
Prev. Close Volume Bid Ask Time
1.6811184 2021-10-15 07:17:34
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