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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.

FOREX_USDBAM
Open High Low USDBAM Price Change
1.8002246 1.8002246 1.8002246 1.8002246 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDBAM

long term down The long-term trend has been DOWN since Dec 24th, 2023 at 1.7831062

intermediate term down The intermediate-term trend has been DOWN since Feb 26th, 2024 at 1.8088993

short term up 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).

-75
Smart Scan Analysis for USDBAM
Strong Downtrend Sideways 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
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