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Forex Trend Analysis Report

Prepared for you on Tuesday, June 25, 2024.

US Dollar/Bosnia-Herzegovina Mark (FOREX:USDBAM)

Long-Term Uptrend (+90) - USDBAM is in a strong uptrend that is likely to continue. While USDBAM is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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
1.8272528 1.8272528 1.8272528 1.8272528 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDBAM

long term up The long-term trend has been UP since Apr 14th, 2024 at 1.8265360

intermediate term up The intermediate-term trend has been UP since Jun 11th, 2024 at 1.8066936

short term up The short-term trend has been UP since Jun 21st, 2024 at 1.8267066

Smart Scan Analysis for USDBAM

Based on our trend formula, USDBAM is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for USDBAM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8272528 1.8272528 1.8272528 1.8272528 0.0000000
Prev. Close Volume Bid Ask Time
1.8247637 2024-06-22 16:44:14
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