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Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

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.

Open High Low EURBHD Price Change
0.4584 0.4585 0.4549 0.4554 -0.0030
Entry Signal

MarketClub’s Trade Triangles for EURBHD

long term up The long-term trend has been UP since Jul 15th, 2020 at 0.4308

intermediate term up The intermediate-term trend has been UP since Feb 22nd, 2021 at 0.4581

short term down The short-term trend has been DOWN since Feb 26th, 2021 at 0.4571

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).

Smart Scan Analysis for EURBHD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.4584 0.4585 0.4549 0.4554 -0.0030
Prev. Close Volume Bid Ask Time
0.4584 2021-02-26 17:12:07
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