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Forex Trend Analysis Report

Prepared for you on Tuesday, May 21, 2019.

Bahraini Dinar/US Dollar (FOREX:BHDUSD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_BHDUSD
Open High Low BHDUSD Price Change
2.65250 2.65285 2.65245 2.65260 +0.00010
Entry Signal

MarketClub’s Trade Triangles for BHDUSD

long term down The long term trend has been DOWN since Jan 13th, 2019 at 2.64335

intermediate term down The intermediate term trend has been DOWN since May 7th, 2019 at 2.65165

short term down The short term trend has been DOWN since May 16th, 2019 at 2.65195

Smart Scan Analysis for BHDUSD

Based on a pre-defined weighted trend formula for chart analysis, BHDUSD scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for BHDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.65250 2.65285 2.65245 2.65260 +0.00010
Prev. Close Volume Bid Ask Time
2.65250 2.63370 2.67150 2019-05-21 13:49:06
Want to analyze Bahraini Dinar/US Dollar BHDUSD or another symbol? Try our Free Forex Trend Analysis Report.