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Forex Trend Analysis Report

Prepared for you on Saturday, February 23, 2019.

US Dollar/Bahraini Dinar (FOREX:USDBHD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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
0.376935 0.376935 0.376755 0.376935 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDBHD

long term up The long term trend has been UP since Jan 13th, 2019 at 0.37865

intermediate term down The intermediate term trend has been DOWN since Jan 31st, 2019 at 0.37520

short term down The short term trend has been DOWN since Feb 23rd, 2019 at 0.37684

Smart Scan Analysis for USDBHD

Based on a pre-defined weighted trend formula for chart analysis, USDBHD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for USDBHD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.376935 0.376935 0.376755 0.376935 0.000000
Prev. Close Volume Bid Ask Time
0.376935 0.365470 0.388400 2019-02-23 07:41:33
Want to analyze US Dollar/Bahraini Dinar USDBHD or another symbol? Try our Free Forex Trend Analysis Report.