Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, March 5, 2021.

United Arab Emirates Dirham/Bahraini Dinar (FOREX:AEDBHD)

Long-Term Downtrend (-90) - AEDBHD is in a strong downtrend that is likely to continue. While AEDBHD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

FOREX_AEDBHD
Open High Low AEDBHD Price Change
0.10264120 0.10276385 0.10257701 0.10257701 -0.00006400
Entry Signal

MarketClub’s Trade Triangles for AEDBHD

long term down The long-term trend has been DOWN since Feb 7th, 2021 at 0.10217432

intermediate term down The intermediate-term trend has been DOWN since Feb 7th, 2021 at 0.10247488

short term down The short-term trend has been DOWN since Mar 5th, 2021 at 0.10257808

Smart Scan Analysis for AEDBHD

Based on our trend formula, AEDBHD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for AEDBHD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.10264120 0.10276385 0.10257701 0.10257701 -0.00006400
Prev. Close Volume Bid Ask Time
0.10264120 2021-03-05 04:08:33
Get a free daily analysis and signals for United Arab Emirates Dirham/Bahraini Dinar (AEDBHD) - Request Your Free Report.