Forex Trend Analysis Report
Prepared for you on Saturday, October 24, 2020.
Bahraini Dinar/Euro (FOREX:BHDEUR)
Strong Downtrend (-100) - BHDEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for BHDEUR
The long-term trend has been DOWN since Jul 15th, 2020 at 2.3213754
The intermediate-term trend has been DOWN since Oct 20th, 2020 at 2.2422539
The short-term trend has been DOWN since Oct 19th, 2020 at 2.2559120
Smart Scan Analysis for BHDEUR
Based on our trend formula, BHDEUR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).