Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Australian Dollar/Bulgarian Lev (FOREX:AUDBGN)
Weak Downtrend (-65) - AUDBGN is showing signs of a strengthening downtrend. Monitor AUDBGN as it may be building momentum to the downside.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for AUDBGN
The long-term trend has been UP since May 3rd, 2024 at 1.2025583
The intermediate-term trend has been DOWN since Jul 16th, 2024 at 1.2087148
The short-term trend has been DOWN since Jul 12th, 2024 at 1.2153186
Smart Scan Analysis for AUDBGN
Based on our trend formula, AUDBGN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.1801823 | 1.1846211 | 1.1782557 | 1.1789760 | -0.0012060 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.1801823 | 2024-07-26 17:02:26 |