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Forex Trend Analysis Report
Prepared for you on Saturday, April 27, 2024.
US Dollar/Bahraini Dinar (FOREX:USDBHD)
Crossroads (+60) - USDBHD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 UP since Nov 24th, 2023 at 0.37776833
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 0.37680997
The short-term trend has been DOWN since Apr 27th, 2024 at 0.37677299
Smart Scan Analysis for USDBHD
Based on our trend formula, USDBHD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.37789095 | 0.37789095 | 0.37667617 | 0.37789095 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.37789095 | 2024-04-27 06:35:39 |