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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Bulgarian Lev/Australian Dollar (FOREX:BGNAUD)
Sidelines Mode (-55) - BGNAUD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid BGNAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for BGNAUD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for BGNAUD
The long-term trend has been UP since Dec 17th, 2024 at 0.8516370
The intermediate-term trend has been DOWN since Apr 30th, 2025 at 0.9019847
The short-term trend has been UP since May 7th, 2025 at 0.8990668
Smart Scan Analysis for BGNAUD
Based on our trend formula, BGNAUD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.8958973 | 0.8996112 | 0.8953527 | 0.8976874 | +0.0017900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.8958973 | 2025-05-09 07:23:23 |