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Forex Trend Analysis Report

Prepared for you on Thursday, September 21, 2023.

British Pound/Bahraini Dinar (FOREX:GBPBHD)

Strong Downtrend (-100) - GBPBHD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPBHD continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid GBPBHD?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPBHD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPBHD
Open High Low GBPBHD Price Change
0.46437280 0.46446980 0.46383067 0.46383067 -0.00054200
Entry Signal

MarketClub’s Trade Triangles for GBPBHD

long term down The long-term trend has been DOWN since Sep 15th, 2023 at 0.46689766

intermediate term down The intermediate-term trend has been DOWN since Aug 1st, 2023 at 0.48193614

short term down The short-term trend has been DOWN since Sep 14th, 2023 at 0.46982716

Smart Scan Analysis for GBPBHD

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

-100
Smart Scan Analysis for GBPBHD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.46437280 0.46446980 0.46383067 0.46383067 -0.00054200
Prev. Close Volume Bid Ask Time
0.46437280 2023-09-21 05:18:43
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