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Forex Trend Analysis Report

Prepared for you on Thursday, April 9, 2020.

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

Bull Market Weakness (+75) - USDBAM is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDBAM as it may be in the beginning stages 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
1.7993744 1.7993744 1.7993744 1.7993744 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDBAM

long term up The long-term trend has been UP since Apr 6th, 2020 at 1.8120359

intermediate term up The intermediate-term trend has been UP since Apr 1st, 2020 at 1.7772922

short term up The short-term trend has been UP since Mar 17th, 2020 at 1.7386546

Smart Scan Analysis for USDBAM

Based on our trend formula, USDBAM is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for USDBAM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7993744 1.7993744 1.7993744 1.7993744 0.0000000
Prev. Close Volume Bid Ask Time
1.7993744 1.7901743 1.8085745 2020-04-08 07:14:52
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