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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Bulgarian Lev/Chinese Yuan Renminbi (FOREX:BGNCNY)

Weak Uptrend (+65) - BGNCNY is showing signs of weakening momentum to the upside. Monitor BGNCNY as it may be in the beginning stages of a reversal.

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

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

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

FOREX_BGNCNY
Open High Low BGNCNY Price Change
4.1460664 4.1503533 4.1460664 4.1503533 +0.0042870
Entry Signal

MarketClub’s Trade Triangles for BGNCNY

long term up The long-term trend has been UP since Apr 22nd, 2025 at 4.2930417

intermediate term up The intermediate-term trend has been UP since Apr 22nd, 2025 at 4.2895262

short term down The short-term trend has been DOWN since Apr 30th, 2025 at 4.2244886

Smart Scan Analysis for BGNCNY

Based on our trend formula, BGNCNY is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for BGNCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.1460664 4.1503533 4.1460664 4.1503533 +0.0042870
Prev. Close Volume Bid Ask Time
4.1460664 2025-05-09 02:25:44
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