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Forex Trend Analysis Report

Prepared for you on Saturday, March 25, 2023.

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.

FOREX_BGNAUD
Open High Low BGNAUD Price Change
0.8286641 0.8292285 0.8254346 0.8285326 -0.0001320
Entry Signal

MarketClub’s Trade Triangles for BGNAUD

long term up The long-term trend has been UP since Oct 10th, 2022 at 0.7885380

intermediate term up The intermediate-term trend has been UP since Feb 26th, 2023 at 0.8040971

short term up The short-term trend has been UP since Mar 19th, 2023 at 0.8232873

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).

+100
Smart Scan Analysis for BGNAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8286641 0.8292285 0.8254346 0.8285326 -0.0001320
Prev. Close Volume Bid Ask Time
0.8286641 2023-03-24 17:47:11
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