Forex Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
Bahraini Dinar/Euro (FOREX:BHDEUR)
Long-Term Uptrend (+90) - BHDEUR is in a strong uptrend that is likely to continue. While BHDEUR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid BHDEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for BHDEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BHDEUR
The long-term trend has been UP since Aug 9th, 2021 at 2.2579496
The intermediate-term trend has been UP since Jun 13th, 2022 at 2.5228488
The short-term trend has been UP since Jun 29th, 2022 at 2.5234855
Smart Scan Analysis for BHDEUR
Based on our trend formula, BHDEUR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).