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Forex Trend Analysis Report

Prepared for you on Friday, July 12, 2024.

Euro/Bahraini Dinar (FOREX:EURBHD)

Bull Market Weakness (+75) - EURBHD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURBHD as it may be in the beginning stages 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.

FOREX_EURBHD
Open High Low EURBHD Price Change
0.4102 0.4111 0.4102 0.4109 +0.0007
Entry Signal

MarketClub’s Trade Triangles for EURBHD

long term down The long-term trend has been DOWN since Apr 12th, 2024 at 0.4032

intermediate term up The intermediate-term trend has been UP since Jul 11th, 2024 at 0.4087

short term up The short-term trend has been UP since Jul 11th, 2024 at 0.4087

Smart Scan Analysis for EURBHD

Based on our trend formula, EURBHD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for EURBHD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.4102 0.4111 0.4102 0.4109 +0.0007
Prev. Close Volume Bid Ask Time
0.4102 2024-07-12 13:25:07
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