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Forex Trend Analysis Report

Prepared for you on Friday, July 30, 2021.

Australian Dollar/Bulgarian Lev (FOREX:AUDBGN)

Strong Downtrend (-100) - AUDBGN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
1.2168952 1.2173820 1.2099705 1.2102833 -0.0066120
Entry Signal

MarketClub’s Trade Triangles for AUDBGN

long term down The long-term trend has been DOWN since Jul 8th, 2021 at 1.2271302

intermediate term down The intermediate-term trend has been DOWN since Jul 8th, 2021 at 1.2309363

short term down The short-term trend has been DOWN since Jul 26th, 2021 at 1.2190726

Smart Scan Analysis for AUDBGN

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

-100
Smart Scan Analysis for AUDBGN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2168952 1.2173820 1.2099705 1.2102833 -0.0066120
Prev. Close Volume Bid Ask Time
1.2168952 2021-07-30 10:44:58
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