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Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
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 Nov 6th, 2024 at 2.4625821
The intermediate-term trend has been DOWN since Jan 24th, 2025 at 2.5382182
The short-term trend has been UP since Jan 29th, 2025 at 2.5446775
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 |
|---|---|---|---|---|
| 2.5576953 | 2.5583497 | 2.5576953 | 2.5583497 | +0.0006540 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.5576953 | 2025-02-05 00:49:43 |