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Forex Trend Analysis Report

Prepared for you on Tuesday, June 18, 2024.

Bahraini Dinar/Euro (FOREX:BHDEUR)

Long-Term Uptrend (+90) - BHDEUR is in a strong uptrend that is likely to continue. While BHDEUR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
2.4735470 2.4772237 2.4704914 2.4704914 -0.0030560
Entry Signal

MarketClub’s Trade Triangles for BHDEUR

long term up The long-term trend has been UP since Apr 12th, 2024 at 2.4802960

intermediate term up The intermediate-term trend has been UP since Jun 10th, 2024 at 2.4589486

short term up The short-term trend has been UP since Jun 7th, 2024 at 2.4439241

Smart Scan Analysis for BHDEUR

Based on our trend formula, BHDEUR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for BHDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4735470 2.4772237 2.4704914 2.4704914 -0.0030560
Prev. Close Volume Bid Ask Time
2.4735470 2024-06-18 17:04:41
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