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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Euro/Bahraini Dinar (FOREX:EURBHD)
Countertrend Down (-85) - EURBHD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 Apr 12th, 2024 at 0.4032
The intermediate-term trend has been DOWN since Mar 27th, 2024 at 0.4086
The short-term trend has been UP since Apr 18th, 2024 at 0.4023
Smart Scan Analysis for EURBHD
Based on our trend formula, EURBHD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.4018 | 0.4022 | 0.4014 | 0.4014 | -0.0004 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.4018 | 2024-04-19 12:55:46 |