Forex Trend Analysis Report
Prepared for you on Monday, March 27, 2023.
US Dollar/Bosnia-Herzegovina Mark (FOREX:USDBAM)
Strong Downtrend (-100) - USDBAM is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDBAM continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for USDBAM
The long-term trend has been DOWN since Nov 15th, 2022 at 1.9050694
The intermediate-term trend has been DOWN since Mar 24th, 2023 at 1.8373808
The short-term trend has been DOWN since Mar 10th, 2023 at 1.8379852
Smart Scan Analysis for USDBAM
Based on our trend formula, USDBAM is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).