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Forex Trend Analysis Report

Prepared for you on Thursday, November 30, 2023.

Bahraini Dinar/Euro (FOREX:BHDEUR)

Sidelines Mode (-55) - BHDEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
2.4173377 2.4385601 2.4167534 2.4361837 +0.0188460
Entry Signal

MarketClub’s Trade Triangles for BHDEUR

long term up The long-term trend has been UP since Sep 14th, 2023 at 2.4846101

intermediate term down The intermediate-term trend has been DOWN since Oct 23rd, 2023 at 2.4951498

short term up The short-term trend has been UP since Nov 30th, 2023 at 2.4273132

Smart Scan Analysis for BHDEUR

Based on our trend formula, BHDEUR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for BHDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4173377 2.4385601 2.4167534 2.4361837 +0.0188460
Prev. Close Volume Bid Ask Time
2.4173377 2023-11-30 18:42:40
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