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Forex Trend Analysis Report

Prepared for you on Monday, May 27, 2024.

Bahraini Dinar/Pakistani Rupee (FOREX:BHDPKR)

Sidelines Mode (-55) - BHDPKR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_BHDPKR
Open High Low BHDPKR Price Change
738.7758 738.7758 738.7758 738.7758 0.0000
Entry Signal

MarketClub’s Trade Triangles for BHDPKR

long term down The long-term trend has been DOWN since Oct 17th, 2023 at 733.8562

intermediate term up The intermediate-term trend has been UP since Apr 18th, 2024 at 737.8314

short term down The short-term trend has been DOWN since May 23rd, 2024 at 738.6431

Smart Scan Analysis for BHDPKR

Based on our trend formula, BHDPKR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for BHDPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
738.7758 738.7758 738.7758 738.7758 0.0000
Prev. Close Volume Bid Ask Time
738.7758 2024-05-24 11:05:03
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