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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Euro/Bahraini Dinar (FOREX:EURBHD)

Long-Term Downtrend (-90) - EURBHD is in a strong downtrend that is likely to continue. While EURBHD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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.

FOREX_EURBHD
Open High Low EURBHD Price Change
0.3922 0.3923 0.3920 0.3923 +0.0001
Entry Signal

MarketClub’s Trade Triangles for EURBHD

long term down The long-term trend has been DOWN since Nov 6th, 2024 at 0.4061

intermediate term down The intermediate-term trend has been DOWN since Nov 6th, 2024 at 0.4061

short term down The short-term trend has been DOWN since Dec 10th, 2024 at 0.3966

Smart Scan Analysis for EURBHD

Based on our trend formula, EURBHD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for EURBHD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.3922 0.3923 0.3920 0.3923 +0.0001
Prev. Close Volume Bid Ask Time
0.3923 2024-12-24 07:34:09
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