Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

Euro/Bahraini Dinar (FOREX:EURBHD)

Weak Downtrend (-65) - EURBHD is showing signs of a strengthening downtrend. Monitor EURBHD as it may be building momentum to the downside.

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
0.4065 0.4067 0.4045 0.4065 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURBHD

long term down The long-term trend has been DOWN since Sep 14th, 2023 at 0.4025

intermediate term up The intermediate-term trend has been UP since Oct 23rd, 2023 at 0.4008

short term down The short-term trend has been DOWN since Nov 30th, 2023 at 0.4120

Smart Scan Analysis for EURBHD

Based on our trend formula, EURBHD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for EURBHD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.4065 0.4067 0.4045 0.4065 0.0000
Prev. Close Volume Bid Ask Time
0.4065 2023-12-08 20:32:21
Get a free daily analysis and signals for Euro/Bahraini Dinar (EURBHD) - Request Your Free Report.