Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, April 1, 2020.

Bulgarian Lev/Australian Dollar (FOREX:BGNAUD)

Weak Uptrend (+65) - BGNAUD is showing signs of weakening momentum to the upside. Monitor BGNAUD as it may be in the beginning stages of a reversal.

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.

FOREX_BGNAUD
Open High Low BGNAUD Price Change
0.9201695 0.9273783 0.9122891 0.9189074 -0.0012620
Entry Signal

MarketClub’s Trade Triangles for BGNAUD

long term up The long-term trend has been UP since Jan 30th, 2020 at 0.8401840

intermediate term up The intermediate-term trend has been UP since Feb 26th, 2020 at 0.8486797

short term down The short-term trend has been DOWN since Mar 25th, 2020 at 0.9221778

Smart Scan Analysis for BGNAUD

Based on our trend formula, BGNAUD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for BGNAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9201695 0.9273783 0.9122891 0.9189074 -0.0012620
Prev. Close Volume Bid Ask Time
0.9201695 0.9188771 0.9189377 2020-04-01 13:41:00
Get a free daily analysis and signals for Bulgarian Lev/Australian Dollar (BGNAUD) - Request Your Free Report.