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Forex Trend Analysis Report

Prepared for you on Wednesday, March 22, 2023.

Bahraini Dinar/Euro (FOREX:BHDEUR)

Strong Downtrend (-100) - BHDEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BHDEUR continues to fall. Traders should use caution and set stops.

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.

FOREX_BHDEUR
Open High Low BHDEUR Price Change
2.4619757 2.4619757 2.4619757 2.4619757 0.0000000
Entry Signal

MarketClub’s Trade Triangles for BHDEUR

long term down The long-term trend has been DOWN since Nov 15th, 2022 at 2.5609706

intermediate term down The intermediate-term trend has been DOWN since Mar 13th, 2023 at 2.4802960

short term down The short-term trend has been DOWN since Mar 21st, 2023 at 2.4717128

Smart Scan Analysis for BHDEUR

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

-100
Smart Scan Analysis for BHDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4619757 2.4619757 2.4619757 2.4619757 0.0000000
Prev. Close Volume Bid Ask Time
2.4619757 2023-03-22 02:04:35
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