Forex Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
British Pound/Bahraini Dinar (FOREX:GBPBHD)
Weak Downtrend (-65) - GBPBHD is showing signs of a strengthening downtrend. Monitor GBPBHD as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for GBPBHD
The long-term trend has been DOWN since Feb 28th, 2020 at 0.48145294
The intermediate-term trend has been DOWN since May 12th, 2020 at 0.46289132
The short-term trend has been UP since May 26th, 2020 at 0.46214011
Smart Scan Analysis for GBPBHD
Based on our trend formula, GBPBHD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).