Forex Trend Analysis Report
Prepared for you on Wednesday, April 1, 2020.
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 DOWN since Jan 30th, 2020 at 1.1902150
The intermediate-term trend has been DOWN since Feb 26th, 2020 at 1.1783011
The short-term trend has been UP since Mar 25th, 2020 at 1.0843534
Smart Scan Analysis for AUDBGN
Based on our trend formula, AUDBGN is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).