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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

British Pound/Bahraini Dinar (FOREX:GBPBHD)

Sidelines Mode (-55) - GBPBHD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ?

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
0.49166516 0.49202312 0.48989832 0.49000072 -0.00166400
Entry Signal

MarketClub’s Trade Triangles for GBPBHD

long term up The long-term trend has been UP since Oct 16th, 2019 at 0.47725000

intermediate term down The intermediate-term trend has been DOWN since Feb 4th, 2020 at 0.48890184

short term up The short-term trend has been UP since Feb 13th, 2020 at 0.48885959

Smart Scan Analysis for GBPBHD

Based on our trend formula, GBPBHD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for GBPBHD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.49166516 0.49202312 0.48989832 0.49000072 -0.00166400
Prev. Close Volume Bid Ask Time
0.49166516 0.48639954 0.49360190 2020-02-17 21:13:00
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