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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.

FOREX_BHDUSD
Open High Low BHDUSD Price Change
2.6517724 2.6531123 2.6425923 2.6429298 -0.0088430
Entry Signal

MarketClub’s Trade Triangles for BHDUSD

long term down The long-term trend has been DOWN since Mar 31st, 2020 at 2.6426432

intermediate term down The intermediate-term trend has been DOWN since Mar 31st, 2020 at 2.6427286

short term down 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).

-100
Smart Scan Analysis for BHDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.6517724 2.6531123 2.6425923 2.6429298 -0.0088430
Prev. Close Volume Bid Ask Time
2.6517724 2.6235108 2.6623489 2020-04-06 18:45:39
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