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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Bahraini Dinar/Pakistani Rupee (FOREX:BHDPKR)

Weak Downtrend (-65) - BHDPKR is showing signs of a strengthening downtrend. Monitor BHDPKR as it may be building momentum to the downside.

Is it time to buy, sell, or avoid BHDPKR?

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

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

FOREX_BHDPKR
Open High Low BHDPKR Price Change
737.8897 738.4380 737.8897 738.4380 +0.5483
Entry Signal

MarketClub’s Trade Triangles for BHDPKR

long term down The long-term trend has been DOWN since Oct 17th, 2023 at 733.8562

intermediate term up The intermediate-term trend has been UP since Apr 18th, 2024 at 737.8314

short term down The short-term trend has been DOWN since Apr 25th, 2024 at 738.8667

Smart Scan Analysis for BHDPKR

Based on our trend formula, BHDPKR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for BHDPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
737.8897 738.4380 737.8897 738.4380 +0.5483
Prev. Close Volume Bid Ask Time
737.8897 2024-05-08 16:10:18
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