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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Euro/Bahraini Dinar (FOREX:EURBHD)
Strong Downtrend (-100) - EURBHD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURBHD continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for EURBHD
The long-term trend has been DOWN since Nov 6th, 2024 at 0.4061
The intermediate-term trend has been DOWN since Nov 6th, 2024 at 0.4061
The short-term trend has been DOWN since Nov 21st, 2024 at 0.3972
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.3976 | 0.3976 | 0.3964 | 0.3964 | -0.0012 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.3976 | 2024-11-21 05:01:19 |