Forex Trend Analysis Report
Prepared for you on Thursday, February 27, 2020.
Euro/Bahraini Dinar (FOREX:EURBHD)
Bear Market Rally (-75) - EURBHD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURBHD as it may be in the beginning of a reversal.
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 Feb 7th, 2020 at 0.4144
The intermediate-term trend has been DOWN since Jan 20th, 2020 at 0.4180
The short-term trend has been UP since Feb 21st, 2020 at 0.4085
Smart Scan Analysis for EURBHD
Based on our trend formula, EURBHD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).