Forex Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
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.
MarketClub’s Trade Triangles for EURBHD
The long-term trend has been UP since Jul 15th, 2020 at 0.4308
The intermediate-term trend has been UP since Nov 6th, 2020 at 0.4477
The short-term trend has been UP since Nov 24th, 2020 at 0.4488
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).