Forex Trend Analysis Report
Prepared for you on Thursday, September 28, 2023.
Bahraini Dinar/Pakistani Rupee (FOREX:BHDPKR)
Weak Downtrend (-65) - BHDPKR is showing signs of a strengthening downtrend. Monitor BHDPKR as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for BHDPKR
The long-term trend has been UP since May 11th, 2023 at 764.5332
The intermediate-term trend has been DOWN since Sep 20th, 2023 at 787.9031
The short-term trend has been DOWN since Sep 12th, 2023 at 807.3447
Smart Scan Analysis for BHDPKR
Based on our trend formula, BHDPKR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).