Forex Trend Analysis Report
Prepared for you on Thursday, May 28, 2020.
Bahraini Dinar/Euro (FOREX:BHDEUR)
Weak Downtrend (-65) - BHDEUR is showing signs of a strengthening downtrend. Monitor BHDEUR as it may be building momentum to the downside.
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 Mar 19th, 2020 at 2.4595535
The intermediate-term trend has been DOWN since May 20th, 2020 at 2.4138364
The short-term trend has been DOWN since May 27th, 2020 at 2.4103454
Smart Scan Analysis for BHDEUR
Based on our trend formula, BHDEUR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).