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Forex Trend Analysis Report

Prepared for you on Wednesday, April 8, 2020.

US Dollar/Bahraini Dinar (FOREX:USDBHD)

Strong Uptrend (+100) - USDBHD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDBHD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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.

FOREX_USDBHD
Open High Low USDBHD Price Change
0.37713277 0.37764873 0.37695505 0.37761208 +0.00047900
Entry Signal

MarketClub’s Trade Triangles for USDBHD

long term up The long-term trend has been UP since Apr 1st, 2020 at 0.37843433

intermediate term up The intermediate-term trend has been UP since Mar 31st, 2020 at 0.37841690

short term up The short-term trend has been UP since Mar 31st, 2020 at 0.37684781

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).

+100
Smart Scan Analysis for USDBHD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.37713277 0.37764873 0.37695505 0.37761208 +0.00047900
Prev. Close Volume Bid Ask Time
0.37713277 0.37485041 0.38037375 2020-04-08 21:41:28
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