Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
United Arab Emirates Dirham/Bahraini Dinar (FOREX:AEDBHD)
Bear Market Rally (-75) - AEDBHD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on AEDBHD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid AEDBHD?
MarketClub looks at technical strength and momentum to determine if the timing is right for AEDBHD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AEDBHD
The long-term trend has been DOWN since Apr 9th, 2020 at 0.10241979
The intermediate-term trend has been DOWN since May 7th, 2020 at 0.10256669
The short-term trend has been UP since May 21st, 2020 at 0.10290675
Smart Scan Analysis for AEDBHD
Based on our trend formula, AEDBHD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).