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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2025.

Australian Dollar/Bulgarian Lev (FOREX:AUDBGN)

Countertrend Up (+85) - AUDBGN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid AUDBGN?

MarketClub looks at technical strength and momentum to determine if the timing is right for AUDBGN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_AUDBGN
Open High Low AUDBGN Price Change
1.1806904 1.1818908 1.1746393 1.1790076 -0.0016830
Entry Signal

MarketClub’s Trade Triangles for AUDBGN

long term up The long-term trend has been UP since Dec 25th, 2024 at 1.2294351

intermediate term up The intermediate-term trend has been UP since Dec 25th, 2024 at 1.2115089

short term down The short-term trend has been DOWN since Jan 17th, 2025 at 1.1737145

Smart Scan Analysis for AUDBGN

Based on our trend formula, AUDBGN is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for AUDBGN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1806904 1.1818908 1.1746393 1.1790076 -0.0016830
Prev. Close Volume Bid Ask Time
1.1806904 2025-01-20 09:43:36
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