Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2020.

US Dollar/Bahraini Dinar (FOREX:USDBHD)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_USDBHD
Open High Low USDBHD Price Change
0.37752850 0.37752850 0.37697384 0.37705887 -0.00047000
Entry Signal

MarketClub’s Trade Triangles for USDBHD

long term down The long term trend has been DOWN since Dec 29th, 2019 at 0.37600000

intermediate term up The intermediate term trend has been UP since Jan 20th, 2020 at 0.37732822

short term up The short term trend has been UP since Jan 20th, 2020 at 0.37706022

Smart Scan Analysis for USDBHD

Based on a pre-defined weighted trend formula for chart analysis, USDBHD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for USDBHD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.37752850 0.37752850 0.37697384 0.37705887 -0.00047000
Prev. Close Volume Bid Ask Time
0.37752850 0.37435206 0.37976568 2020-01-20 11:10:08
Get a free daily report for US Dollar/Bahraini Dinar (USDBHD) - Free Trend Analysis Report.