Forex Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
US Dollar/Bosnia-Herzegovina Mark (FOREX:USDBAM)
Bear Market Rally (-75) - USDBAM is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on USDBAM as it may be in the beginning 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.
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MarketClub’s Trade Triangles for USDBAM
The long-term trend has been DOWN since Dec 24th, 2023 at 1.7831062
The intermediate-term trend has been DOWN since Feb 26th, 2024 at 1.8088993
The short-term trend has been UP since Mar 14th, 2024 at 1.7884380
Smart Scan Analysis for USDBAM
Based on our trend formula, USDBAM is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
1.8002246 | 1.8002246 | 1.8002246 | 1.8002246 | 0.0000000 |
Prev. Close | Volume | Bid | Ask | Time |
1.7885197 | 2024-03-19 22:06:42 |