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Forex Trend Analysis Report

Prepared for you on Wednesday, May 12, 2021.

Euro/Bahraini Dinar (FOREX:EURBHD)

Crossroads (+60) - EURBHD is struggling to move into a solid trend. Beware of choppy markets 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.

FOREX_EURBHD
Open High Low EURBHD Price Change
0.4571 0.4576 0.4571 0.4572 +0.0001
Entry Signal

MarketClub’s Trade Triangles for EURBHD

long term down The long-term trend has been DOWN since Mar 5th, 2021 at 0.4507

intermediate term up The intermediate-term trend has been UP since Apr 13th, 2021 at 0.4504

short term up The short-term trend has been UP since Apr 6th, 2021 at 0.4440

Smart Scan Analysis for EURBHD

Based on our trend formula, EURBHD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for EURBHD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.4571 0.4576 0.4571 0.4572 +0.0001
Prev. Close Volume Bid Ask Time
0.4571 2021-05-12 07:22:39
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