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Forex Trend Analysis Report

Prepared for you on Wednesday, September 26, 2018.

US Dollar/Bahraini Dinar (FOREX:USDBHD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_USDBHD
Open High Low USDBHD Price Change
0.37697 0.37700 0.37694 0.37694 -0.00003
Entry Signal

MarketClub’s Trade Triangles for USDBHD

long term down The long term trend has been DOWN since Jul 22nd, 2018 at 0.376195

intermediate term down The intermediate term trend has been DOWN since Sep 25th, 2018 at 0.376890

short term down The short term trend has been DOWN since Sep 25th, 2018 at 0.376920

Smart Scan Analysis for USDBHD

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

-100
Smart Scan Analysis for USDBHD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.37697 0.37700 0.37694 0.37694 -0.00003
Prev. Close Volume Bid Ask Time
0.37697 0.37439 0.37949 2018-09-26 01:31:46
Want to analyze US Dollar/Bahraini Dinar USDBHD or another symbol? Try our Free Forex Trend Analysis Report.