Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, July 7, 2022.

US Dollar/Bosnia-Herzegovina Mark (FOREX:USDBAM)

Countertrend Up (+85) - USDBAM 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 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
1.857953 1.857953 1.857953 1.857953 0.000000
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 Jun 27th, 2022 at 1.8325884

short term up The short-term trend has been UP since Jun 7th, 2022 at 1.8291008

Smart Scan Analysis for USDBAM

Based on our trend formula, USDBAM is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for USDBAM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.857953 1.857953 1.857953 1.857953 0.000000
Prev. Close Volume Bid Ask Time
1.857953 2022-06-29 07:17:22
Get a free daily analysis and signals for US Dollar/Bosnia-Herzegovina Mark (USDBAM) - Request Your Free Report.