Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, December 12, 2024.
US Dollar/Bahraini Dinar (FOREX:USDBHD)
Long-Term Uptrend (+90) - USDBHD is in a strong uptrend that is likely to continue. While USDBHD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 Nov 8th, 2024 at 0.37821827
The intermediate-term trend has been UP since Oct 27th, 2024 at 0.37705590
The short-term trend has been UP since Dec 2nd, 2024 at 0.37700702
Smart Scan Analysis for USDBHD
Based on our trend formula, USDBHD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.37710348 | 0.37710348 | 0.37705667 | 0.37705667 | -0.00004700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.37710348 | 2024-12-12 05:55:05 |