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Forex Trend Analysis Report

Prepared for you on Sunday, January 23, 2022.

Euro/Bahraini Dinar (FOREX:EURBHD)

Bear Market Rally (-75) - EURBHD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURBHD as it may be in the beginning of a reversal.

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
0.4269 0.4279 0.4269 0.4276 +0.0007
Entry Signal

MarketClub’s Trade Triangles for EURBHD

long term down The long-term trend has been DOWN since Aug 9th, 2021 at 0.4429

intermediate term up The intermediate-term trend has been UP since Dec 29th, 2021 at 0.4280

short term down The short-term trend has been DOWN since Jan 18th, 2022 at 0.4295

Smart Scan Analysis for EURBHD

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

-75
Smart Scan Analysis for EURBHD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.4269 0.4279 0.4269 0.4276 +0.0007
Prev. Close Volume Bid Ask Time
0.4269 2022-01-21 16:12:23
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