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Forex Trend Analysis Report
Prepared for you on Monday, May 12, 2025.
Bulgarian Lev/Canadian Dollar (FOREX:BGNCAD)
Crossroads (-60) - BGNCAD 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 BGNCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for BGNCAD.
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 BGNCAD
The long-term trend has been UP since Feb 2nd, 2025 at 0.7801709
The intermediate-term trend has been DOWN since May 12th, 2025 at 0.7958296
The short-term trend has been DOWN since May 12th, 2025 at 0.7978007
Smart Scan Analysis for BGNCAD
Based on our trend formula, BGNCAD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.8012775 | 0.8015997 | 0.7915624 | 0.7933278 | -0.0079500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.8012775 | 2025-05-12 22:45:13 |