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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

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.

FOREX_BHDEUR
Open High Low BHDEUR Price Change
2.1815943 2.1964494 2.1811185 2.1950030 +0.0134090
Entry Signal

MarketClub’s Trade Triangles for BHDEUR

long term down The long-term trend has been DOWN since Jul 15th, 2020 at 2.3213754

intermediate term down The intermediate-term trend has been DOWN since Feb 22nd, 2021 at 2.1830231

short term up The short-term trend has been UP since Feb 26th, 2021 at 2.1877993

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).

-55
Smart Scan Analysis for BHDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.1815943 2.1964494 2.1811185 2.1950030 +0.0134090
Prev. Close Volume Bid Ask Time
2.1815943 2021-02-26 13:56:13
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