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Forex Trend Analysis Report

Prepared for you on Sunday, September 8, 2024.

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
2.3936131 2.3936131 2.3906495 2.3906495 -0.0029640
Entry Signal

MarketClub’s Trade Triangles for BHDEUR

long term down The long-term trend has been DOWN since Jul 15th, 2024 at 2.4314447

intermediate term down The intermediate-term trend has been DOWN since Aug 5th, 2024 at 2.4249586

short term down The short-term trend has been DOWN since Sep 5th, 2024 at 2.3936131

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
2.3936131 2.3936131 2.3906495 2.3906495 -0.0029640
Prev. Close Volume Bid Ask Time
2.3906495 2024-09-07 04:49:25
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