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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Canadian Dollar/Bulgarian Lev (FOREX:CADBGN)
Bear Market Rally (-75) - CADBGN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CADBGN as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid CADBGN?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADBGN.
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 CADBGN
The long-term trend has been DOWN since Feb 2nd, 2025 at 1.2817704
The intermediate-term trend has been UP since Feb 9th, 2025 at 1.3274067
The short-term trend has been DOWN since Feb 21st, 2025 at 1.3133045
Smart Scan Analysis for CADBGN
Based on our trend formula, CADBGN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.3136712 | 1.3136712 | 1.3136712 | 1.3136712 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.3136712 | 2025-02-22 01:41:03 |