Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, April 21, 2018.

Euro/Bahraini Dinar (FOREX:EURBHD)

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.

FOREX_EURBHD
Open High Low EURBHD Price Change
0.4639 0.4639 0.4634 0.4639 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURBHD

long term up The long term trend has been UP since Jan 2nd, 2018 at 0.4533

intermediate term down The intermediate term trend has been DOWN since Apr 5th, 2018 at 0.4624

short term down The short term trend has been DOWN since Apr 20th, 2018 at 0.4653

Smart Scan Analysis for EURBHD

Based on a pre-defined weighted trend formula for chart analysis, EURBHD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for EURBHD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.4639 0.4639 0.4634 0.4639 0.0000
Prev. Close Volume Bid Ask Time
0.4639 0.4509 0.4769 2018-04-21 05:28:10
Want to analyze Euro/Bahraini Dinar EURBHD or another symbol? Try our Free Forex Trend Analysis Report.