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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.

FOREX_AUDBGN
Open High Low AUDBGN Price Change
1.0867563 1.0965108 1.0780915 1.0875858 +0.0008300
Entry Signal

MarketClub’s Trade Triangles for AUDBGN

long term down The long-term trend has been DOWN since Jan 30th, 2020 at 1.1902150

intermediate term down The intermediate-term trend has been DOWN since Feb 26th, 2020 at 1.1783011

short term up 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).

-65
Smart Scan Analysis for AUDBGN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0867563 1.0965108 1.0780915 1.0875858 +0.0008300
Prev. Close Volume Bid Ask Time
1.0867563 1.0875499 1.0876216 2020-04-01 13:50:37
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