Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

British Pound/Bahraini Dinar (FOREX:GBPBHD)

Long-Term Downtrend (-90) - GBPBHD is in a strong downtrend that is likely to continue. While GBPBHD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

FOREX_GBPBHD
Open High Low GBPBHD Price Change
0.45983826 0.46051380 0.45936000 0.46051380 +0.00067600
Entry Signal

MarketClub’s Trade Triangles for GBPBHD

long term down The long-term trend has been DOWN since Feb 28th, 2020 at 0.48145294

intermediate term down The intermediate-term trend has been DOWN since May 12th, 2020 at 0.46289132

short term down The short-term trend has been DOWN since May 22nd, 2020 at 0.45981105

Smart Scan Analysis for GBPBHD

Based on our trend formula, GBPBHD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for GBPBHD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.45983826 0.46051380 0.45936000 0.46051380 +0.00067600
Prev. Close Volume Bid Ask Time
0.45983826 0.45715565 0.46387194 2020-05-25 12:10:15
Get a free daily analysis and signals for British Pound/Bahraini Dinar (GBPBHD) - Request Your Free Report.