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Forex Trend Analysis Report

Prepared for you on Sunday, December 16, 2018.

US Dollar/Bahraini Dinar (FOREX:USDBHD)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.

FOREX_USDBHD
Open High Low USDBHD Price Change
0.37701 0.37708 0.37685 0.37702 +0.00001
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 up The intermediate term trend has been UP since Dec 2nd, 2018 at 0.377845

short term up The short term trend has been UP since Dec 10th, 2018 at 0.377050

Smart Scan Analysis for USDBHD

Based on a pre-defined weighted trend formula for chart analysis, USDBHD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for USDBHD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.37701 0.37708 0.37685 0.37702 +0.00001
Prev. Close Volume Bid Ask Time
0.37701 0.37700 0.37704 2018-12-14 18:07:32
Want to analyze US Dollar/Bahraini Dinar USDBHD or another symbol? Try our Free Forex Trend Analysis Report.