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Forex Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
Euro/Bahraini Dinar (FOREX:EURBHD)
Sidelines Mode (-55) - EURBHD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EURBHD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURBHD.
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 EURBHD
The long-term trend has been DOWN since Aug 9th, 2021 at 0.4429
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 0.4419
The short-term trend has been UP since Oct 13th, 2021 at 0.4366
Smart Scan Analysis for EURBHD
Based on our trend formula, EURBHD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.4391 | 0.4394 | 0.4391 | 0.4393 | +0.0002 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.4391 | 2021-10-19 00:58:20 |