Forex Trend Analysis Report
Prepared for you on Sunday, January 16, 2022.
Bahraini Dinar/Euro (FOREX:BHDEUR)
Weak Downtrend (-65) - BHDEUR is showing signs of a strengthening downtrend. Monitor BHDEUR as it may be building momentum to the downside.
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 UP since Aug 9th, 2021 at 2.2579496
The intermediate-term trend has been DOWN since Dec 29th, 2021 at 2.3365634
The short-term trend has been DOWN since Jan 7th, 2022 at 2.3392965
Smart Scan Analysis for BHDEUR
Based on our trend formula, BHDEUR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).