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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Bulgarian Lev/Danish Krone (FOREX:BGNDKK)
Crossroads (+60) - BGNDKK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for BGNDKK
The long-term trend has been UP since Oct 27th, 2024 at 3.8188757
The intermediate-term trend has been DOWN since Dec 24th, 2024 at 3.8124468
The short-term trend has been DOWN since Dec 24th, 2024 at 3.8135844
Smart Scan Analysis for BGNDKK
Based on our trend formula, BGNDKK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.8143726 | 3.8143726 | 3.8141340 | 3.8141340 | -0.0002390 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.8143726 | 2024-12-25 04:48:05 |