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Forex Trend Analysis Report

Prepared for you on Sunday, December 8, 2019.

US Dollar/Bahraini Dinar (FOREX:USDBHD)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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
0.37705442 0.37711390 0.37695251 0.37702576 -0.00002900
Entry Signal

MarketClub’s Trade Triangles for USDBHD

long term down The long term trend has been DOWN since Jun 23rd, 2019 at 0.37515000

intermediate term up The intermediate term trend has been UP since Dec 4th, 2019 at 0.37712852

short term down The short term trend has been DOWN since Dec 5th, 2019 at 0.37693453

Smart Scan Analysis for USDBHD

Based on a pre-defined weighted trend formula for chart analysis, USDBHD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for USDBHD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.37705442 0.37711390 0.37695251 0.37702576 -0.00002900
Prev. Close Volume Bid Ask Time
0.37705442 0.37431269 0.37973882 2019-12-06 16:27:44
Want to analyze US Dollar/Bahraini Dinar USDBHD or another symbol? Try our Free Forex Trend Analysis Report.