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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Bulgarian Lev/Euro (FOREX:BGNEUR)
Sidelines Mode (+55) - BGNEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for BGNEUR
The long-term trend has been UP since Feb 27th, 2025 at 0.51131309
The intermediate-term trend has been UP since Sep 3rd, 2024 at 0.51131309
The short-term trend has been DOWN since May 5th, 2025 at 0.51130724
Smart Scan Analysis for BGNEUR
Based on our trend formula, BGNEUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.51130724 | 0.51130724 | 0.51128110 | 0.51128110 | -0.00002600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.51130724 | 2025-05-09 07:13:38 |