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Forex Trend Analysis Report
Prepared for you on Friday, September 20, 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 Apr 16th, 2024 at 3.8148098
The intermediate-term trend has been DOWN since Aug 16th, 2024 at 3.8145098
The short-term trend has been DOWN since Sep 16th, 2024 at 3.8151617
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 |
|---|---|---|---|---|
| 3.8150339 | 3.8152724 | 3.8134930 | 3.8142830 | -0.0007510 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.8142704 | 2024-09-18 18:00:16 |