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Forex Trend Analysis Report
Prepared for you on Monday, March 31, 2025.
Euro/Bulgarian Lev (FOREX:EURBGN)
Sidelines Mode (-50) - EURBGN is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURBGN can gain momentum.
Is it time to buy, sell, or avoid EURBGN?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURBGN.
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 EURBGN
The long-term trend has been UP since Aug 7th, 2024 at 1.9559
The intermediate-term trend has been DOWN since Aug 7th, 2024 at 1.9558
The short-term trend has been DOWN since Aug 7th, 2024 at 1.9558
Smart Scan Analysis for EURBGN
Based on our trend formula, EURBGN is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.9558 | 1.9559 | 1.9558 | 1.9559 | +0.0001 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.9558 | 2025-03-31 14:16:19 |