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Forex Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
Bahraini Dinar/Pakistani Rupee (FOREX:BHDPKR)
Sidelines Mode (+50) - BHDPKR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until BHDPKR can gain momentum.
Is it time to buy, sell, or avoid BHDPKR?
MarketClub looks at technical strength and momentum to determine if the timing is right for BHDPKR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for BHDPKR
The long-term trend has been DOWN since Oct 17th, 2023 at 733.8562
The intermediate-term trend has been UP since Apr 18th, 2024 at 737.8314
The short-term trend has been UP since Apr 18th, 2024 at 737.2961
Smart Scan Analysis for BHDPKR
Based on our trend formula, BHDPKR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 739.3420 | 739.3420 | 739.0104 | 739.0104 | -0.3316 |
| Prev. Close | Volume | Bid | Ask | Time |
| 739.3420 | 2024-04-22 14:23:27 |