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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Bahraini Dinar/Euro (FOREX:BHDEUR)

Bull Market Weakness (+75) - BHDEUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BHDEUR as it may be in the beginning stages of a reversal.

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
2.4523152 2.4619757 2.4511129 2.4589486 +0.0066330
Entry Signal

MarketClub’s Trade Triangles for BHDEUR

long term down The long-term trend has been DOWN since Dec 22nd, 2023 at 2.4091839

intermediate term up The intermediate-term trend has been UP since Mar 27th, 2024 at 2.4475132

short term up The short-term trend has been UP since Mar 27th, 2024 at 2.4475132

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).

+70
Smart Scan Analysis for BHDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4523152 2.4619757 2.4511129 2.4589486 +0.0066330
Prev. Close Volume Bid Ask Time
2.4523152 2024-03-28 22:00:12
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