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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Bahraini Dinar/Euro (FOREX:BHDEUR)

Long-Term Uptrend (+90) - BHDEUR is in a strong uptrend that is likely to continue. While BHDEUR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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.

FOREX_BHDEUR
Open High Low BHDEUR Price Change
2.5498687 2.5511698 2.5492187 2.5492187 -0.0006500
Entry Signal

MarketClub’s Trade Triangles for BHDEUR

long term up The long-term trend has been UP since Nov 6th, 2024 at 2.4625821

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2024 at 2.4625821

short term up The short-term trend has been UP since Dec 10th, 2024 at 2.5215765

Smart Scan Analysis for BHDEUR

Based on our trend formula, BHDEUR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for BHDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5498687 2.5511698 2.5492187 2.5492187 -0.0006500
Prev. Close Volume Bid Ask Time
2.5518719 2024-12-24 07:34:09
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