Forex Trend Analysis Report
Prepared for you on Thursday, February 27, 2020.
British Pound/Bahraini Dinar (FOREX:GBPBHD)
Crossroads (-60) - GBPBHD 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 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.
MarketClub’s Trade Triangles for GBPBHD
The long-term trend has been UP since Oct 16th, 2019 at 0.47725000
The intermediate-term trend has been DOWN since Feb 4th, 2020 at 0.48890184
The short-term trend has been DOWN since Feb 26th, 2020 at 0.48594313
Smart Scan Analysis for GBPBHD
Based on our trend formula, GBPBHD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).