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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Bulgarian Lev/Canadian Dollar (FOREX:BGNCAD)
Strong Uptrend (+100) - BGNCAD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, BGNCAD 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 BGNCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for BGNCAD.
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 BGNCAD
The long-term trend has been UP since Feb 2nd, 2025 at 0.7801709
The intermediate-term trend has been UP since Jan 20th, 2025 at 0.7694603
The short-term trend has been UP since Feb 21st, 2025 at 0.7614893
Smart Scan Analysis for BGNCAD
Based on our trend formula, BGNCAD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.7612255 | 0.7612255 | 0.7612255 | 0.7612255 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.7612255 | 2025-02-22 01:41:03 |