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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.

FOREX_BHDEUR
Open High Low BHDEUR Price Change
2.5382182 2.5518209 2.5343583 2.5433831 +0.0051650
Entry Signal

MarketClub’s Trade Triangles for BHDEUR

long term up The long-term trend has been UP since Aug 9th, 2021 at 2.2579496

intermediate term up The intermediate-term trend has been UP since Jun 13th, 2022 at 2.5228488

short term up 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).

+90
Smart Scan Analysis for BHDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5382182 2.5518209 2.5343583 2.5433831 +0.0051650
Prev. Close Volume Bid Ask Time
2.5382182 2022-07-01 17:22:22
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