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Forex Trend Analysis Report
Prepared for you on Wednesday, March 12, 2025.
Bulgarian Lev/US Dollar (FOREX:BGNUSD)
Long-Term Uptrend (+90) - BGNUSD is in a strong uptrend that is likely to continue. While BGNUSD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid BGNUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for BGNUSD.
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 BGNUSD
The long-term trend has been UP since Mar 4th, 2025 at 0.54144880
The intermediate-term trend has been UP since Jan 22nd, 2025 at 0.53386612
The short-term trend has been UP since Mar 4th, 2025 at 0.53635177
Smart Scan Analysis for BGNUSD
Based on our trend formula, BGNUSD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.55501864 | 0.55871520 | 0.55501864 | 0.55783324 | +0.00281500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.55501864 | 2025-03-11 21:49:19 |