Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

US Dollar/Bahraini Dinar (FOREX:USDBHD)

Crossroads (+60) - USDBHD 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 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
0.37709329 0.37715816 0.37701983 0.37712305 +0.00003000
Entry Signal

MarketClub’s Trade Triangles for USDBHD

long term up The long-term trend has been UP since Mar 16th, 2023 at 0.37719124

intermediate term down The intermediate-term trend has been DOWN since Mar 24th, 2023 at 0.37660819

short term down The short-term trend has been DOWN since Mar 17th, 2023 at 0.37690468

Smart Scan Analysis for USDBHD

Based on our trend formula, USDBHD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for USDBHD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.37709329 0.37715816 0.37701983 0.37712305 +0.00003000
Prev. Close Volume Bid Ask Time
0.37709329 2023-03-28 10:26:20
Get a free daily analysis and signals for US Dollar/Bahraini Dinar (USDBHD) - Request Your Free Report.