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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Canadian Dollar/Bulgarian Lev (FOREX:CADBGN)
Weak Downtrend (-65) - CADBGN is showing signs of a strengthening downtrend. Monitor CADBGN as it may be building momentum to the downside.
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 May 4th, 2025 at 1.2398982
Smart Scan Analysis for CADBGN
Based on our trend formula, CADBGN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.2517014 | 1.2522546 | 1.2483029 | 1.2495933 | -0.0021080 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.2517014 | 2025-05-09 07:15:07 |