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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Bahraini Dinar/Euro (FOREX:BHDEUR)
Bull Market Weakness (+75) - BHDEUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BHDEUR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid BHDEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for BHDEUR.
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 BHDEUR
The long-term trend has been UP since Apr 12th, 2024 at 2.4802960
The intermediate-term trend has been UP since Mar 27th, 2024 at 2.4475132
The short-term trend has been UP since May 8th, 2024 at 2.4710711
Smart Scan Analysis for BHDEUR
Based on our trend formula, BHDEUR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.4711019 | 2.4711019 | 2.4674434 | 2.4674434 | -0.0036580 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.4711019 | 2024-05-08 22:59:59 |