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Forex Trend Analysis Report
Prepared for you on Sunday, September 24, 2023.
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 Sep 14th, 2023 at 0.4025
The intermediate-term trend has been DOWN since Aug 1st, 2023 at 0.4131
The short-term trend has been UP since Sep 20th, 2023 at 0.4038
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 |
|---|---|---|---|---|
| 0.4009 | 0.4009 | 0.4009 | 0.4009 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.4009 | 2023-09-23 13:03:36 |