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Forex Trend Analysis Report

Prepared for you on Saturday, February 16, 2019.

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

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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
0.44966 0.44966 0.44966 0.44966 0.00000
Entry Signal

MarketClub’s Trade Triangles for BAMGBP

long term down The long term trend has been DOWN since Jan 28th, 2019 at 0.44508

intermediate term down The intermediate term trend has been DOWN since Jan 13th, 2019 at 0.45806

short term up The short term trend has been UP since Feb 15th, 2019 at 0.44950

Smart Scan Analysis for BAMGBP

Based on a pre-defined weighted trend formula for chart analysis, BAMGBP scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for BAMGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.44966 0.44966 0.44966 0.44966 0.00000
Prev. Close Volume Bid Ask Time
0.44966 0.44736 0.45196 2019-02-15 08:47:11
Want to analyze Bosnia-Herzegovina Mark/British Pound BAMGBP or another symbol? Try our Free Forex Trend Analysis Report.