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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

British Pound/Bulgarian Lev (FOREX:GBPBGN)

Bull Market Weakness (+75) - GBPBGN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPBGN as it may be in the beginning stages of a reversal.

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

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

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

FOREX_GBPBGN
Open High Low GBPBGN Price Change
2.3043706 2.3077649 2.3043706 2.3077649 +0.0033940
Entry Signal

MarketClub’s Trade Triangles for GBPBGN

long term down The long-term trend has been DOWN since Jan 14th, 2025 at 2.3165575

intermediate term up The intermediate-term trend has been UP since May 6th, 2025 at 2.3041942

short term up The short-term trend has been UP since May 6th, 2025 at 2.3030453

Smart Scan Analysis for GBPBGN

Based on our trend formula, GBPBGN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for GBPBGN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.3043706 2.3077649 2.3043706 2.3077649 +0.0033940
Prev. Close Volume Bid Ask Time
2.3043706 2025-05-09 07:13:38
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