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Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
Bahraini Dinar/Pakistani Rupee (FOREX:BHDPKR)
Long-Term Downtrend (-90) - BHDPKR is in a strong downtrend that is likely to continue. While BHDPKR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid BHDPKR?
MarketClub looks at technical strength and momentum to determine if the timing is right for BHDPKR.
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 BHDPKR
The long-term trend has been DOWN since Oct 17th, 2023 at 733.8562
The intermediate-term trend has been DOWN since Mar 11th, 2024 at 741.1701
The short-term trend has been DOWN since Mar 1st, 2024 at 741.5146
Smart Scan Analysis for BHDPKR
Based on our trend formula, BHDPKR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 736.7646 | 736.7646 | 736.7646 | 736.7646 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 736.7646 | 2024-04-16 17:22:23 |