Forex Trend Analysis Report
Prepared for you on Tuesday, September 28, 2021.
United Arab Emirates Dirham/Bahraini Dinar (FOREX:AEDBHD)
Bear Market Rally (-75) - AEDBHD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on AEDBHD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid AEDBHD?
MarketClub looks at technical strength and momentum to determine if the timing is right for AEDBHD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AEDBHD
The long-term trend has been DOWN since Feb 7th, 2021 at 0.10217432
The intermediate-term trend has been UP since Sep 19th, 2021 at 0.10271928
The short-term trend has been DOWN since Sep 28th, 2021 at 0.10254924
Smart Scan Analysis for AEDBHD
Based on our trend formula, AEDBHD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).