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Forex Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

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

Sidelines Mode (+55) - USDBAM is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
1.8122767 1.8122767 1.8122767 1.8122767 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDBAM

long term up The long-term trend has been UP since Sep 22nd, 2023 at 1.8295689

intermediate term down The intermediate-term trend has been DOWN since Oct 29th, 2023 at 1.8492639

short term up The short-term trend has been UP since Nov 30th, 2023 at 1.7907797

Smart Scan Analysis for USDBAM

Based on our trend formula, USDBAM is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for USDBAM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8122767 1.8122767 1.8122767 1.8122767 0.0000000
Prev. Close Volume Bid Ask Time
1.8140838 2023-12-05 21:38:49
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