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Forex Trend Analysis Report
Prepared for you on Monday, March 31, 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 DOWN since Mar 3rd, 2025 at 1.2950322
The short-term trend has been DOWN since Mar 28th, 2025 at 1.2633049
Smart Scan Analysis for CADBGN
Based on our trend formula, CADBGN is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.2599512 | 1.2619152 | 1.2558068 | 1.2563304 | -0.0036210 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.2599512 | 2025-03-31 17:17:08 |