Forex Trend Analysis Report
Prepared for you on Wednesday, April 1, 2020.
United Arab Emirates Dirham/Bahraini Dinar (FOREX:AEDBHD)
Bull Market Weakness (+75) - AEDBHD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AEDBHD as it may be in the beginning stages 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 UP since Dec 29th, 2019 at 0.10288379
The intermediate-term trend has been UP since Mar 31st, 2020 at 0.10308070
The short-term trend has been UP since Mar 31st, 2020 at 0.10307662
Smart Scan Analysis for AEDBHD
Based on our trend formula, AEDBHD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).