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Forex Trend Analysis Report

Prepared for you on Monday, December 10, 2018.

Bulgarian Lev/Australian Dollar (FOREX:BGNAUD)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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_BGNAUD
Open High Low BGNAUD Price Change
0.808700 0.810625 0.807265 0.809715 +0.001015
Entry Signal

MarketClub’s Trade Triangles for BGNAUD

long term down The long term trend has been DOWN since Nov 29th, 2018 at 0.793275

intermediate term up The intermediate term trend has been UP since Dec 7th, 2018 at 0.807125

short term up The short term trend has been UP since Dec 5th, 2018 at 0.793950

Smart Scan Analysis for BGNAUD

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

+70
Smart Scan Analysis for BGNAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.808700 0.810625 0.807265 0.809715 +0.001015
Prev. Close Volume Bid Ask Time
0.808700 0.809680 0.809750 2018-12-10 03:30:28
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