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Forex Trend Analysis Report

Prepared for you on Thursday, May 8, 2025.

US Dollar/Bulgarian Lev (FOREX:USDBGN)

Bull Market Weakness (+75) - USDBGN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDBGN as it may be in the beginning stages 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.

FOREX_USDBGN
Open High Low USDBGN Price Change
1.72734 1.74600 1.72572 1.74470 +0.01736
Entry Signal

MarketClub’s Trade Triangles for USDBGN

long term down The long-term trend has been DOWN since Mar 4th, 2025 at 1.8442

intermediate term up The intermediate-term trend has been UP since May 8th, 2025 at 1.7353

short term up The short-term trend has been UP since May 8th, 2025 at 1.7335

Smart Scan Analysis for USDBGN

Based on our trend formula, USDBGN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for USDBGN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.72734 1.74600 1.72572 1.74470 +0.01736
Prev. Close Volume Bid Ask Time
1.72734 2025-05-08 22:47:07
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