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Forex Trend Analysis Report

Prepared for you on Tuesday, December 3, 2024.

Bahraini Dinar/Euro (FOREX:BHDEUR)

Strong Uptrend (+100) - BHDEUR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, BHDEUR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
2.5241225 2.5247598 2.5184011 2.5247598 +0.0006370
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 2nd, 2024 at 2.5241225

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).

+100
Smart Scan Analysis for BHDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5241225 2.5247598 2.5184011 2.5247598 +0.0006370
Prev. Close Volume Bid Ask Time
2.5241225 2024-12-03 18:17:16
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