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Forex Trend Analysis Report

Prepared for you on Thursday, April 9, 2020.

Bahraini Dinar/US Dollar (FOREX:BHDUSD)

Weak Downtrend (-65) - BHDUSD is showing signs of a strengthening downtrend. Monitor BHDUSD as it may be building momentum to the downside.

Is it time to buy, sell, or avoid BHDUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for BHDUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_BHDUSD
Open High Low BHDUSD Price Change
2.6484972 2.6525342 2.6484972 2.6523018 +0.0038050
Entry Signal

MarketClub’s Trade Triangles for BHDUSD

long term down The long-term trend has been DOWN since Mar 31st, 2020 at 2.6426432

intermediate term down The intermediate-term trend has been DOWN since Mar 31st, 2020 at 2.6427286

short term down The short-term trend has been DOWN since Mar 31st, 2020 at 2.6520543

Smart Scan Analysis for BHDUSD

Based on our trend formula, BHDUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for BHDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.6484972 2.6525342 2.6484972 2.6523018 +0.0038050
Prev. Close Volume Bid Ask Time
2.6484972 2.6328852 2.6717183 2020-04-09 07:02:03
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