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Forex Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
Bahraini Dinar/Euro (FOREX:BHDEUR)
Countertrend Up (+85) - BHDEUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for BHDEUR
The long-term trend has been UP since Apr 12th, 2024 at 2.4802960
The intermediate-term trend has been UP since Mar 27th, 2024 at 2.4475132
The short-term trend has been DOWN since Apr 18th, 2024 at 2.4858454
Smart Scan Analysis for BHDEUR
Based on our trend formula, BHDEUR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.4895588 | 2.4932833 | 2.4772237 | 2.4790662 | -0.0104930 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.4895588 | 2024-04-23 16:14:24 |