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Forex Trend Analysis Report

Prepared for you on Monday, March 8, 2021.

Bahraini Dinar/US Dollar (FOREX:BHDUSD)

Bull Market Weakness (+75) - BHDUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BHDUSD as it may be in the beginning stages of a reversal.

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
2.6521035 2.6529291 2.6511794 2.6527184 +0.0006150
Entry Signal

MarketClub’s Trade Triangles for BHDUSD

long term up The long-term trend has been UP since Feb 7th, 2021 at 2.6619380

intermediate term down The intermediate-term trend has been DOWN since Feb 16th, 2021 at 2.6515856

short term up The short-term trend has been UP since Mar 8th, 2021 at 2.6528460

Smart Scan Analysis for BHDUSD

Based on our trend formula, BHDUSD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for BHDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.6521035 2.6529291 2.6511794 2.6527184 +0.0006150
Prev. Close Volume Bid Ask Time
2.6521035 2021-03-08 19:52:37
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