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Forex Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
Bahraini Dinar/US Dollar (FOREX:BHDUSD)
Countertrend Up (+85) - BHDUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for BHDUSD
The long-term trend has been UP since Dec 18th, 2024 at 2.6626326
The intermediate-term trend has been UP since Feb 3rd, 2025 at 2.6562971
The short-term trend has been UP since Feb 3rd, 2025 at 2.6534498
Smart Scan Analysis for BHDUSD
Based on our trend formula, BHDUSD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.6532346 | 2.6539926 | 2.6525084 | 2.6534016 | +0.0001670 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.6532346 | 2025-02-04 22:56:48 |