Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, April 20, 2024.

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

Strong Downtrend (-100) - BAMUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BAMUSD continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_BAMUSD
Open High Low BAMUSD Price Change
0.54454589 0.54454589 0.54454589 0.54454589 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BAMUSD

long term down The long-term trend has been DOWN since Apr 14th, 2024 at 0.54749872

intermediate term down The intermediate-term trend has been DOWN since Mar 28th, 2024 at 0.55423783

short term down The short-term trend has been DOWN since Apr 14th, 2024 at 0.55063307

Smart Scan Analysis for BAMUSD

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

-100
Smart Scan Analysis for BAMUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.54454589 0.54454589 0.54454589 0.54454589 0.00000000
Prev. Close Volume Bid Ask Time
0.54436437 2024-04-14 22:04:00
Get a free daily analysis and signals for Bosnia-Herzegovina Mark/US Dollar (BAMUSD) - Request Your Free Report.