Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, May 11, 2021.

British Pound/Bahraini Dinar (FOREX:GBPBHD)

Long-Term Uptrend (+90) - GBPBHD is in a strong uptrend that is likely to continue. While GBPBHD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
0.53231143 0.53392490 0.53231143 0.53301516 +0.00070400
Entry Signal

MarketClub’s Trade Triangles for GBPBHD

long term up The long-term trend has been UP since Jul 27th, 2020 at 0.48326033

intermediate term up The intermediate-term trend has been UP since Apr 19th, 2021 at 0.52422156

short term up The short-term trend has been UP since Apr 18th, 2021 at 0.52151720

Smart Scan Analysis for GBPBHD

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

+90
Smart Scan Analysis for GBPBHD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.53231143 0.53392490 0.53231143 0.53301516 +0.00070400
Prev. Close Volume Bid Ask Time
0.53231143 2021-05-11 16:34:44
Get a free daily analysis and signals for British Pound/Bahraini Dinar (GBPBHD) - Request Your Free Report.