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Forex Trend Analysis Report

Prepared for you on Thursday, November 26, 2020.

Euro/Bulgarian Lev (FOREX:EURBGN)

Strong Uptrend (+100) - EURBGN is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURBGN 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 EURBGN?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURBGN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURBGN
Open High Low EURBGN Price Change
1.9559 1.9563 1.9556 1.9560 +0.0001
Entry Signal

MarketClub’s Trade Triangles for EURBGN

long term up The long-term trend has been UP since Nov 5th, 2020 at 1.9629

intermediate term up The intermediate-term trend has been UP since Nov 5th, 2020 at 1.9606

short term up The short-term trend has been UP since Nov 26th, 2020 at 1.9562

Smart Scan Analysis for EURBGN

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

+100
Smart Scan Analysis for EURBGN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.9559 1.9563 1.9556 1.9560 +0.0001
Prev. Close Volume Bid Ask Time
1.9559 2020-11-26 21:40:49
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