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Forex Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

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
579.70252 579.70252 579.70252 579.70252 0.00000
Entry Signal

MarketClub’s Trade Triangles for BHDPKR

long term up The long-term trend has been UP since Jul 6th, 2021 at 419.96527

intermediate term up The intermediate-term trend has been UP since Feb 28th, 2022 at 467.35112

short term down The short-term trend has been DOWN since Aug 9th, 2022 at 596.74275

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
579.70252 579.70252 579.70252 579.70252 0.00000
Prev. Close Volume Bid Ask Time
569.75113 2022-08-12 14:27:08
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