Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Bulgarian Lev/Danish Krone (FOREX:BGNDKK)

Weak Downtrend (-65) - BGNDKK is showing signs of a strengthening downtrend. Monitor BGNDKK as it may be building momentum to the downside.

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

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

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

FOREX_BGNDKK
Open High Low BGNDKK Price Change
3.8149988 3.8150576 3.8146351 3.8147271 -0.0002720
Entry Signal

MarketClub’s Trade Triangles for BGNDKK

long term up The long-term trend has been UP since Oct 27th, 2024 at 3.8188757

intermediate term down The intermediate-term trend has been DOWN since May 2nd, 2025 at 3.8156484

short term down The short-term trend has been DOWN since Apr 23rd, 2025 at 3.8172196

Smart Scan Analysis for BGNDKK

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

-70
Smart Scan Analysis for BGNDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.8149988 3.8150576 3.8146351 3.8147271 -0.0002720
Prev. Close Volume Bid Ask Time
3.8149988 2025-05-09 07:13:38
Get a free daily analysis and signals for Bulgarian Lev/Danish Krone (BGNDKK) - Request Your Free Report.