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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
British Pound/Bahraini Dinar (FOREX:GBPBHD)
Bear Market Rally (-75) - GBPBHD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPBHD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid GBPBHD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPBHD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GBPBHD
The long-term trend has been DOWN since Nov 14th, 2024 at 0.47814136
The intermediate-term trend has been DOWN since Dec 19th, 2024 at 0.47229378
The short-term trend has been UP since Jan 15th, 2025 at 0.46126496
Smart Scan Analysis for GBPBHD
Based on our trend formula, GBPBHD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.46014196 | 0.46042927 | 0.45933975 | 0.46009351 | -0.00004800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.46014196 | 2025-01-20 07:13:55 |