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Forex Trend Analysis Report

Prepared for you on Friday, March 5, 2021.

Bulgarian Lev/Euro (FOREX:BGNEUR)

Weak Uptrend (+65) - BGNEUR is showing signs of weakening momentum to the upside. Monitor BGNEUR as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid BGNEUR?

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

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

FOREX_BGNEUR
Open High Low BGNEUR Price Change
0.51125496 0.51131309 0.51125496 0.51131309 +0.00005800
Entry Signal

MarketClub’s Trade Triangles for BGNEUR

long term up The long-term trend has been UP since Feb 26th, 2021 at 0.51267035

intermediate term up The intermediate-term trend has been UP since Feb 26th, 2021 at 0.51154265

short term down The short-term trend has been DOWN since Mar 3rd, 2021 at 0.51122882

Smart Scan Analysis for BGNEUR

Based on our trend formula, BGNEUR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for BGNEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.51125496 0.51131309 0.51125496 0.51131309 +0.00005800
Prev. Close Volume Bid Ask Time
0.51125496 2021-03-05 07:55:15
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