Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
Bulgarian Lev/Australian Dollar (FOREX:BGNAUD)
Strong Uptrend (+100) - BGNAUD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, BGNAUD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
|
|||||||||||||||
|
|||||||||||||||
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 UP since Dec 4th, 2024 at 0.8385903
The short-term trend has been UP since Dec 3rd, 2024 at 0.8334612
Smart Scan Analysis for BGNAUD
Based on our trend formula, BGNAUD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.8513613 | 0.8539763 | 0.8486370 | 0.8530149 | +0.0016540 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.8528785 | 2024-12-20 17:06:43 |