Forex Trend Analysis Report
Prepared for you on Sunday, March 18, 2018.
US Dollar/Bahraini Dinar (FOREX:USDBHD)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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.
MarketClub’s Trade Triangles for USDBHD
The long term trend has been UP since Mar 16th, 2018 at 0.377885
The intermediate term trend has been UP since Feb 28th, 2018 at 0.377400
The short term trend has been DOWN since Mar 16th, 2018 at 0.376975
Smart Scan Analysis for USDBHD
Based on a pre-defined weighted trend formula for chart analysis, USDBHD scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).