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Forex Trend Analysis Report
Prepared for you on Friday, May 30, 2025.
Bulgarian Lev/Chinese Yuan Renminbi (FOREX:BGNCNY)
Sidelines Mode (-50) - BGNCNY is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until BGNCNY can gain momentum.
Is it time to buy, sell, or avoid BGNCNY?
MarketClub looks at technical strength and momentum to determine if the timing is right for BGNCNY.
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 BGNCNY
The long-term trend has been UP since Apr 22nd, 2025 at 4.2930417
The intermediate-term trend has been DOWN since May 12th, 2025 at 4.1382302
The short-term trend has been DOWN since May 27th, 2025 at 4.1652983
Smart Scan Analysis for BGNCNY
Based on our trend formula, BGNCNY is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.1797981 | 4.1858695 | 4.1609680 | 4.1609680 | -0.0188300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.1797981 | 2025-05-30 21:11:32 |