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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.
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MarketClub’s Trade Triangles for BHDEUR
The long-term trend has been UP since Sep 14th, 2023 at 2.4846101
The intermediate-term trend has been DOWN since Oct 23rd, 2023 at 2.4951498
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).
| 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 |