Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, October 26, 2021.

Bahraini Dinar/US Dollar (FOREX:BHDUSD)

Bear Market Rally (-75) - BHDUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BHDUSD as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid BHDUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for BHDUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_BHDUSD
Open High Low BHDUSD Price Change
2.6524224 2.6530476 2.6524224 2.6530476 +0.0006250
Entry Signal

MarketClub’s Trade Triangles for BHDUSD

long term down The long-term trend has been DOWN since Sep 12th, 2021 at 2.6503957

intermediate term down The intermediate-term trend has been DOWN since Aug 31st, 2021 at 2.6518038

short term down The short-term trend has been DOWN since Oct 21st, 2021 at 2.6523323

Smart Scan Analysis for BHDUSD

Based on our trend formula, BHDUSD is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for BHDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.6524224 2.6530476 2.6524224 2.6530476 +0.0006250
Prev. Close Volume Bid Ask Time
2.6524224 2021-10-26 05:57:35
Get a free daily analysis and signals for Bahraini Dinar/US Dollar (BHDUSD) - Request Your Free Report.