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Forex Trend Analysis Report

Prepared for you on Thursday, May 23, 2024.

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

Crossroads (-60) - USDBAM 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 USDBAM?

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

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

FOREX_USDBAM
Open High Low USDBAM Price Change
1.8066936 1.8066936 1.8066936 1.8066936 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDBAM

long term up The long-term trend has been UP since Apr 14th, 2024 at 1.8265360

intermediate term down The intermediate-term trend has been DOWN since May 5th, 2024 at 1.8224937

short term down The short-term trend has been DOWN since May 9th, 2024 at 1.8164425

Smart Scan Analysis for USDBAM

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

-60
Smart Scan Analysis for USDBAM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8066936 1.8066936 1.8066936 1.8066936 0.0000000
Prev. Close Volume Bid Ask Time
1.8066936 2024-05-22 21:00:51
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