Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, February 24, 2021.

Bahraini Dinar/US Dollar (FOREX:BHDUSD)

Sidelines Mode (-55) - BHDUSD 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 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
2.6528328 2.6528328 2.6519592 2.6520532 -0.0007800
Entry Signal

MarketClub’s Trade Triangles for BHDUSD

long term up The long-term trend has been UP since Feb 7th, 2021 at 2.6619380

intermediate term down The intermediate-term trend has been DOWN since Feb 16th, 2021 at 2.6515856

short term up The short-term trend has been UP since Feb 23rd, 2021 at 2.6548301

Smart Scan Analysis for BHDUSD

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

-55
Smart Scan Analysis for BHDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.6528328 2.6528328 2.6519592 2.6520532 -0.0007800
Prev. Close Volume Bid Ask Time
2.6528328 2021-02-24 18:27:35
Get a free daily analysis and signals for Bahraini Dinar/US Dollar (BHDUSD) - Request Your Free Report.