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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Bahraini Dinar/Euro (FOREX:BHDEUR)
Bear Market Rally (-75) - BHDEUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BHDEUR as it may be in the beginning of a reversal.
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 DOWN since Jul 15th, 2024 at 2.4314447
The intermediate-term trend has been DOWN since Jul 11th, 2024 at 2.4469143
The short-term trend has been UP since Jul 21st, 2024 at 2.4391550
Smart Scan Analysis for BHDEUR
Based on our trend formula, BHDEUR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.4433270 | 2.4451193 | 2.4421335 | 2.4439241 | +0.0005970 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.4433270 | 2024-07-26 10:37:33 |