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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
British Pound/Bahraini Dinar (FOREX:GBPBHD)
Strong Downtrend (-100) - GBPBHD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPBHD continues to fall. 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.
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MarketClub’s Trade Triangles for GBPBHD
The long-term trend has been DOWN since Nov 14th, 2024 at 0.47814136
The intermediate-term trend has been DOWN since Dec 19th, 2024 at 0.47229378
The short-term trend has been DOWN since Dec 12th, 2024 at 0.47999324
Smart Scan Analysis for GBPBHD
Based on our trend formula, GBPBHD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.47297460 | 0.47327213 | 0.47261748 | 0.47327213 | +0.00029800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.48078926 | 2024-12-24 07:34:09 |