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Forex Trend Analysis Report

Prepared for you on Wednesday, October 20, 2021.

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
0.52053999 0.52053999 0.52053999 0.52053999 0.00000000
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 up The intermediate-term trend has been UP since Oct 18th, 2021 at 0.51866260

short term up The short-term trend has been UP since Oct 13th, 2021 at 0.51491969

Smart Scan Analysis for GBPBHD

Based on our trend formula, GBPBHD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for GBPBHD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.52053999 0.52053999 0.52053999 0.52053999 0.00000000
Prev. Close Volume Bid Ask Time
0.52053999 2021-10-20 00:09:07
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