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Forex Trend Analysis Report

Prepared for you on Saturday, October 19, 2019.

Bahraini Dinar/Euro (FOREX:BHDEUR)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_BHDEUR
Open High Low BHDEUR Price Change
2.3953333 2.3953333 2.3839122 2.3844806 -0.0108530
Entry Signal

MarketClub’s Trade Triangles for BHDEUR

long term up The long term trend has been UP since May 2nd, 2018 at 2.19840

intermediate term down The intermediate term trend has been DOWN since Oct 13th, 2019 at 2.40445

short term down The short term trend has been DOWN since Oct 8th, 2019 at 2.42085

Smart Scan Analysis for BHDEUR

Based on a pre-defined weighted trend formula for chart analysis, BHDEUR scored -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
2.3953333 2.3953333 2.3839122 2.3844806 -0.0108530
Prev. Close Volume Bid Ask Time
2.3953333 2.3674242 2.4015370 2019-10-17 21:48:02
Want to analyze Bahraini Dinar/Euro BHDEUR or another symbol? Try our Free Forex Trend Analysis Report.