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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Bahraini Dinar/Euro (FOREX:BHDEUR)

Bear Market Rally (-75) - BHDEUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BHDEUR as it may be in the beginning 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.

FOREX_BHDEUR
Open High Low BHDEUR Price Change
2.4373713 2.4415372 2.4332197 2.4403455 +0.0029740
Entry Signal

MarketClub’s Trade Triangles for BHDEUR

long term down The long-term trend has been DOWN since Dec 22nd, 2023 at 2.4091839

intermediate term down The intermediate-term trend has been DOWN since Mar 6th, 2024 at 2.4409412

short term up The short-term trend has been UP since Mar 14th, 2024 at 2.4320361

Smart Scan Analysis for BHDEUR

Based on our trend formula, BHDEUR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for BHDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4373713 2.4415372 2.4332197 2.4403455 +0.0029740
Prev. Close Volume Bid Ask Time
2.4397501 2024-03-18 22:30:09
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