Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Sunday, March 24, 2019.
US Dollar/Bosnia-Herzegovina Mark (FOREX:USDBAM)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.
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MarketClub’s Trade Triangles for USDBAM
The long term trend has been UP since May 1st, 2018 at 1.61335
The intermediate term trend has been DOWN since Mar 21st, 2019 at 1.72010
The short term trend has been DOWN since Mar 17th, 2019 at 1.72965
Smart Scan Analysis for USDBAM
Based on a pre-defined weighted trend formula for chart analysis, USDBAM scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.72765 | 1.72765 | 1.72765 | 1.72765 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.72765 | 1.71880 | 1.73650 | 2019-03-23 17:47:03 |