Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Monday, March 31, 2025.
Bulgarian Lev/Canadian Dollar (FOREX:BGNCAD)
Countertrend Up (+85) - BGNCAD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
|
|||||||||||||||
|
|||||||||||||||
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 Mar 28th, 2025 at 0.7918879
Smart Scan Analysis for BGNCAD
Based on our trend formula, BGNCAD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.7936815 | 0.7961345 | 0.7924463 | 0.7956406 | +0.0019590 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.7936815 | 2025-03-31 16:58:12 |