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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.

FOREX_GBPBHD
Open High Low GBPBHD Price Change
0.46550411 0.46722893 0.46424680 0.46500006 -0.00050400
Entry Signal

MarketClub’s Trade Triangles for GBPBHD

long term down The long-term trend has been DOWN since Feb 28th, 2020 at 0.48145294

intermediate term down The intermediate-term trend has been DOWN since May 12th, 2020 at 0.46289132

short term up 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).

-65
Smart Scan Analysis for GBPBHD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.46550411 0.46722893 0.46424680 0.46500006 -0.00050400
Prev. Close Volume Bid Ask Time
0.46550411 0.46166831 0.46833180 2020-05-29 17:09:03
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