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Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

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

Crossroads (-60) - BAMGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid BAMGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for BAMGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_BAMGBP
Open High Low BAMGBP Price Change
0.43914125 0.43914125 0.43914125 0.43914125 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BAMGBP

long term down The long-term trend has been DOWN since Jan 26th, 2024 at 0.43738489

intermediate term up The intermediate-term trend has been UP since Apr 2nd, 2024 at 0.43746414

short term up The short-term trend has been UP since Apr 21st, 2024 at 0.43877055

Smart Scan Analysis for BAMGBP

Based on our trend formula, BAMGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for BAMGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.43914125 0.43914125 0.43914125 0.43914125 0.00000000
Prev. Close Volume Bid Ask Time
0.43914125 2024-04-24 21:01:02
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