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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
US Dollar/Bahraini Dinar (FOREX:USDBHD)
Strong Downtrend (-100) - USDBHD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDBHD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid USDBHD?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDBHD.
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 USDBHD
The long-term trend has been DOWN since Oct 20th, 2024 at 0.37595024
The intermediate-term trend has been DOWN since Oct 20th, 2024 at 0.37669019
The short-term trend has been DOWN since Oct 25th, 2024 at 0.37691991
Smart Scan Analysis for USDBHD
Based on our trend formula, USDBHD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.37695571 | 0.37701069 | 0.37676464 | 0.37676464 | -0.00019100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.37695571 | 2024-10-25 17:09:45 |