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Forex Trend Analysis Report

Prepared for you on Friday, May 30, 2025.

Chinese Yuan Renminbi/Bulgarian Lev (FOREX:CNYBGN)

Crossroads (-60) - CNYBGN is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_CNYBGN
Open High Low CNYBGN Price Change
0.23924601 0.24032869 0.23889899 0.24032869 +0.00108300
Entry Signal

MarketClub’s Trade Triangles for CNYBGN

long term down The long-term trend has been DOWN since Apr 22nd, 2025 at 0.23293508

intermediate term up The intermediate-term trend has been UP since May 12th, 2025 at 0.24164919

short term up The short-term trend has been UP since May 27th, 2025 at 0.24007884

Smart Scan Analysis for CNYBGN

Based on our trend formula, CNYBGN is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for CNYBGN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.23924601 0.24032869 0.23889899 0.24032869 +0.00108300
Prev. Close Volume Bid Ask Time
0.23924601 2025-05-30 21:03:35
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