Forex Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
Euro/Bahraini Dinar (FOREX:EURBHD)
Strong Uptrend (+100) - EURBHD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURBHD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid EURBHD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURBHD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURBHD
The long-term trend has been UP since Nov 15th, 2022 at 0.3905
The intermediate-term trend has been UP since Mar 13th, 2023 at 0.4032
The short-term trend has been UP since Mar 21st, 2023 at 0.4046
Smart Scan Analysis for EURBHD
Based on our trend formula, EURBHD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).