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Forex Trend Analysis Report

Prepared for you on Tuesday, November 5, 2024.

Euro/Bahraini Dinar (FOREX:EURBHD)

Strong Uptrend (+100) - EURBHD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURBHD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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.

FOREX_EURBHD
Open High Low EURBHD Price Change
0.4100 0.4121 0.4100 0.4121 +0.0021
Entry Signal

MarketClub’s Trade Triangles for EURBHD

long term up The long-term trend has been UP since Jul 15th, 2024 at 0.4113

intermediate term up The intermediate-term trend has been UP since Nov 5th, 2024 at 0.4114

short term up The short-term trend has been UP since Oct 30th, 2024 at 0.4081

Smart Scan Analysis for EURBHD

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

+100
Smart Scan Analysis for EURBHD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.4100 0.4121 0.4100 0.4121 +0.0021
Prev. Close Volume Bid Ask Time
0.4100 2024-11-05 19:02:07
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