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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
US Dollar/Bahraini Dinar (FOREX:USDBHD)
Bear Market Rally (-75) - USDBHD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on USDBHD as it may be in the beginning of a reversal.
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 Dec 18th, 2024 at 0.37594815
The intermediate-term trend has been DOWN since Jan 13th, 2025 at 0.37681669
The short-term trend has been UP since Jan 20th, 2025 at 0.37696813
Smart Scan Analysis for USDBHD
Based on our trend formula, USDBHD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.37691710 | 0.37697432 | 0.37691710 | 0.37695645 | +0.00003900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.37691710 | 2025-01-20 07:13:55 |