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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.

FOREX_GBPBAM
Open High Low GBPBAM Price Change
2.2905663 2.2907809 2.2905663 2.2907809 +0.0002150
Entry Signal

MarketClub’s Trade Triangles for GBPBAM

long term up The long-term trend has been UP since Jan 26th, 2024 at 2.2863756

intermediate term up The intermediate-term trend has been UP since Mar 12th, 2024 at 2.2882214

short term up 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).

+70
Smart Scan Analysis for GBPBAM
Strong Downtrend Sideways 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
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