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Forex Trend Analysis Report

Prepared for you on Sunday, October 2, 2022.

British Pound/Bahraini Dinar (FOREX:GBPBHD)

Long-Term Downtrend (-90) - GBPBHD is in a strong downtrend that is likely to continue. While GBPBHD is showing intraday strength, it remains in the confines of a bearish trend. 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
0.41812123 0.42235344 0.41812123 0.42235344 +0.00423200
Entry Signal

MarketClub’s Trade Triangles for GBPBHD

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 0.51584038

intermediate term down The intermediate-term trend has been DOWN since Aug 18th, 2022 at 0.45054571

short term down The short-term trend has been DOWN since Sep 13th, 2022 at 0.43428375

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
0.41812123 0.42235344 0.41812123 0.42235344 +0.00423200
Prev. Close Volume Bid Ask Time
0.41812123 2022-09-30 17:14:25
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