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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 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 Jul 14th, 2024 at 1.7955639
The intermediate-term trend has been DOWN since Jul 4th, 2024 at 1.8087989
The short-term trend has been UP since Jul 21st, 2024 at 1.7947236
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 |
|---|---|---|---|---|
| 1.8013355 | 1.8013355 | 1.8013355 | 1.8013355 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.8013355 | 2024-07-26 07:26:06 |