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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Bahraini Dinar/Euro (FOREX:BHDEUR)

Countertrend Up (+85) - BHDEUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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
2.4784518 2.4833760 2.4784518 2.4815271 +0.0030750
Entry Signal

MarketClub’s Trade Triangles for BHDEUR

long term up The long-term trend has been UP since Apr 12th, 2024 at 2.4802960

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

short term down The short-term trend has been DOWN since Apr 18th, 2024 at 2.4858454

Smart Scan Analysis for BHDEUR

Based on our trend formula, BHDEUR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for BHDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4784518 2.4833760 2.4784518 2.4815271 +0.0030750
Prev. Close Volume Bid Ask Time
2.4784518 2024-04-24 09:58:08
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