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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

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
1.8518904 1.8518904 1.8518904 1.8518904 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDBAM

long term up The long-term trend has been UP since Nov 19th, 2024 at 1.8061013

intermediate term up The intermediate-term trend has been UP since Oct 2nd, 2024 at 1.7659594

short term up The short-term trend has been UP since Oct 2nd, 2024 at 1.7659594

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
1.8518904 1.8518904 1.8518904 1.8518904 0.0000000
Prev. Close Volume Bid Ask Time
1.8518904 2024-11-19 07:25:19
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