Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Bulgarian Lev/Canadian Dollar (FOREX:BGNCAD)
Weak Uptrend (+65) - BGNCAD is showing signs of weakening momentum to the upside. Monitor BGNCAD as it may be in the beginning stages of a reversal.
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 Mar 8th, 2024 at 0.7558438
The intermediate-term trend has been UP since Apr 9th, 2024 at 0.7555216
The short-term trend has been DOWN since Apr 19th, 2024 at 0.7483531
Smart Scan Analysis for BGNCAD
Based on our trend formula, BGNCAD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.7478817 | 0.7503134 | 0.7470993 | 0.7498224 | +0.0019410 |
Prev. Close | Volume | Bid | Ask | Time |
0.7478817 | 2024-04-24 21:14:47 |