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Forex Trend Analysis Report

Prepared for you on Monday, July 4, 2022.

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
0.37699497 0.37706884 0.37696385 0.37706002 +0.00006500
Entry Signal

MarketClub’s Trade Triangles for USDBHD

long term down The long-term trend has been DOWN since May 16th, 2022 at 0.37676836

intermediate term up The intermediate-term trend has been UP since Jun 15th, 2022 at 0.37713876

short term up The short-term trend has been UP since Jul 1st, 2022 at 0.37709484

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
0.37699497 0.37706884 0.37696385 0.37706002 +0.00006500
Prev. Close Volume Bid Ask Time
0.37699497 2022-07-04 20:34:09
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