Forex Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
Bahraini Dinar/US Dollar (FOREX:BHDUSD)
Strong Downtrend (-100) - BHDUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for BHDUSD
The long-term trend has been DOWN since Mar 31st, 2020 at 2.6426432
The intermediate-term trend has been DOWN since Mar 31st, 2020 at 2.6427286
The short-term trend has been DOWN since Mar 31st, 2020 at 2.6520543
Smart Scan Analysis for BHDUSD
Based on our trend formula, BHDUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).