Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Euro/Bahraini Dinar (FOREX:EURBHD)
Sidelines Mode (-55) - EURBHD 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 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 DOWN since Mar 19th, 2020 at 0.4066
The intermediate-term trend has been UP since May 20th, 2020 at 0.4143
The short-term trend has been DOWN since May 22nd, 2020 at 0.4114
Smart Scan Analysis for EURBHD
Based on our trend formula, EURBHD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).