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Forex Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
US Dollar/Bahraini Dinar (FOREX:USDBHD)
Strong Downtrend (-100) - USDBHD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDBHD continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for USDBHD
The long-term trend has been DOWN since Dec 18th, 2024 at 0.37594815
The intermediate-term trend has been DOWN since Feb 3rd, 2025 at 0.37653599
The short-term trend has been DOWN since Feb 3rd, 2025 at 0.37688951
Smart Scan Analysis for USDBHD
Based on our trend formula, USDBHD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.37692060 | 0.37702382 | 0.37681299 | 0.37689689 | -0.00002400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.37692060 | 2025-02-04 22:56:48 |