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Forex Trend Analysis Report

Prepared for you on Sunday, January 16, 2022.

Bahraini Dinar/Euro (FOREX:BHDEUR)

Weak Downtrend (-65) - BHDEUR is showing signs of a strengthening downtrend. Monitor BHDEUR as it may be building momentum to the downside.

Is it time to buy, sell, or avoid BHDEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for BHDEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_BHDEUR
Open High Low BHDEUR Price Change
2.3117154 2.3262356 2.3111811 2.3240730 +0.0123580
Entry Signal

MarketClub’s Trade Triangles for BHDEUR

long term up The long-term trend has been UP since Aug 9th, 2021 at 2.2579496

intermediate term down The intermediate-term trend has been DOWN since Dec 29th, 2021 at 2.3365634

short term down The short-term trend has been DOWN since Jan 7th, 2022 at 2.3392965

Smart Scan Analysis for BHDEUR

Based on our trend formula, BHDEUR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for BHDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.3117154 2.3262356 2.3111811 2.3240730 +0.0123580
Prev. Close Volume Bid Ask Time
2.3117154 2022-01-14 14:47:51
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