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Forex Trend Analysis Report

Prepared for you on Thursday, July 25, 2024.

British Pound/Bahraini Dinar (FOREX:GBPBHD)

Bull Market Weakness (+75) - GBPBHD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPBHD as it may be in the beginning stages of a reversal.

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
0.48565436 0.48756669 0.48565436 0.48573994 +0.00008600
Entry Signal

MarketClub’s Trade Triangles for GBPBHD

long term up The long-term trend has been UP since Jul 11th, 2024 at 0.48524978

intermediate term up The intermediate-term trend has been UP since Jul 8th, 2024 at 0.48319402

short term down The short-term trend has been DOWN since Jul 24th, 2024 at 0.48587087

Smart Scan Analysis for GBPBHD

Based on our trend formula, GBPBHD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for GBPBHD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.48565436 0.48756669 0.48565436 0.48573994 +0.00008600
Prev. Close Volume Bid Ask Time
0.48565436 2024-07-24 22:48:42
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