Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
Canadian Dollar/Bulgarian Lev (FOREX:CADBGN)
Weak Downtrend (-65) - CADBGN is showing signs of a strengthening downtrend. Monitor CADBGN as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CADBGN?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADBGN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CADBGN
The long-term trend has been DOWN since Mar 8th, 2024 at 1.3230247
The intermediate-term trend has been DOWN since Feb 20th, 2024 at 1.3367411
The short-term trend has been DOWN since Mar 18th, 2024 at 1.3250653
Smart Scan Analysis for CADBGN
Based on our trend formula, CADBGN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
1.3279457 | 1.3291442 | 1.3262111 | 1.3291344 | +0.0011890 |
Prev. Close | Volume | Bid | Ask | Time |
1.3279457 | 2024-03-19 06:11:33 |