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Forex Trend Analysis Report

Prepared for you on Monday, June 17, 2019.

Bosnia-Herzegovina Mark/British Pound (FOREX:BAMGBP)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_BAMGBP
Open High Low BAMGBP Price Change
0.45541 0.45541 0.45541 0.45541 0.00000
Entry Signal

MarketClub’s Trade Triangles for BAMGBP

long term up The long term trend has been UP since May 22nd, 2019 at 0.450185

intermediate term up The intermediate term trend has been UP since May 15th, 2019 at 0.443595

short term up The short term trend has been UP since May 8th, 2019 at 0.437810

Smart Scan Analysis for BAMGBP

Based on a pre-defined weighted trend formula for chart analysis, BAMGBP scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+80
Smart Scan Analysis for BAMGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.45541 0.45541 0.45541 0.45541 0.00000
Prev. Close Volume Bid Ask Time
0.45541 0.45308 0.45774 2019-06-17 04:07:08
Want to analyze Bosnia-Herzegovina Mark/British Pound BAMGBP or another symbol? Try our Free Forex Trend Analysis Report.