Forex Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
US Dollar/Bahraini Dinar (FOREX:USDBHD)
Weak Uptrend (+65) - USDBHD is showing signs of weakening momentum to the upside. Monitor USDBHD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid USDBHD?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDBHD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDBHD
The long-term trend has been UP since Apr 1st, 2020 at 0.37843433
The intermediate-term trend has been DOWN since Nov 15th, 2020 at 0.37655074
The short-term trend has been UP since Nov 25th, 2020 at 0.37714512
Smart Scan Analysis for USDBHD
Based on our trend formula, USDBHD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).