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Forex Trend Analysis Report

Prepared for you on Tuesday, October 23, 2018.

Euro/Bahraini Dinar (FOREX:EURBHD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management 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.

Open High Low EURBHD Price Change
0.4321 0.4330 0.4317 0.4330 +0.0009
Entry Signal

MarketClub’s Trade Triangles for EURBHD

long term down The long term trend has been DOWN since May 2nd, 2018 at 0.4549

intermediate term down The intermediate term trend has been DOWN since Oct 2nd, 2018 at 0.4361

short term up The short term trend has been UP since Oct 22nd, 2018 at 0.4341

Smart Scan Analysis for EURBHD

Based on a pre-defined weighted trend formula for chart analysis, EURBHD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for EURBHD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.4321 0.4330 0.4317 0.4330 +0.0009
Prev. Close Volume Bid Ask Time
0.4321 0.4300 0.4360 2018-10-23 13:03:11
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