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Forex Trend Analysis Report

Prepared for you on Monday, March 8, 2021.

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
1.6487364 1.6487364 1.6487364 1.6487364 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDBAM

long term up The long-term trend has been UP since Mar 5th, 2021 at 1.6343255

intermediate term up The intermediate-term trend has been UP since Mar 5th, 2021 at 1.6259087

short term up The short-term trend has been UP since Mar 3rd, 2021 at 1.6089289

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
1.6487364 1.6487364 1.6487364 1.6487364 0.0000000
Prev. Close Volume Bid Ask Time
1.6487364 2021-03-08 07:19:09
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