Forex Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
British Pound/Bosnia-Herzegovina Mark (FOREX:GBPBAM)
Bull Market Weakness (+75) - GBPBAM is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPBAM as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid GBPBAM?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPBAM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GBPBAM
The long-term trend has been UP since Jan 26th, 2024 at 2.2863756
The intermediate-term trend has been UP since Mar 12th, 2024 at 2.2882214
The short-term trend has been UP since Mar 28th, 2024 at 2.2902042
Smart Scan Analysis for GBPBAM
Based on our trend formula, GBPBAM is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
2.2905663 | 2.2907809 | 2.2905663 | 2.2907809 | +0.0002150 |
Prev. Close | Volume | Bid | Ask | Time |
2.2905663 | 2024-03-29 03:30:06 |