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Forex Trend Analysis Report

Prepared for you on Thursday, December 3, 2020.

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, SHORTSYMBOL 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
2.1882781 2.1887571 2.1806428 2.1825466 -0.0057320
Entry Signal

MarketClub’s Trade Triangles for BHDEUR

long term down The long-term trend has been DOWN since Jul 15th, 2020 at 2.3213754

intermediate term down The intermediate-term trend has been DOWN since Nov 6th, 2020 at 2.2337389

short term down The short-term trend has been DOWN since Nov 23rd, 2020 at 2.2307490

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
2.1882781 2.1887571 2.1806428 2.1825466 -0.0057320
Prev. Close Volume Bid Ask Time
2.1882781 2020-12-03 11:43:07
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