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Forex Trend Analysis Report
Prepared for you on Monday, March 31, 2025.
US Dollar/Bulgarian Lev (FOREX:USDBGN)
Bear Market Rally (-75) - USDBGN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on USDBGN as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid USDBGN?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDBGN.
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 USDBGN
The long-term trend has been DOWN since Mar 4th, 2025 at 1.8442000
The intermediate-term trend has been DOWN since Jan 24th, 2025 at 1.8711300
The short-term trend has been DOWN since Mar 28th, 2025 at 1.8052961
Smart Scan Analysis for USDBGN
Based on our trend formula, USDBGN is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.8039856 | 1.8114800 | 1.8034000 | 1.8082100 | +0.0042240 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.8039856 | 2025-03-31 16:58:16 |