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Forex Trend Analysis Report
Prepared for you on Friday, January 17, 2025.
Bulgarian Lev/Danish Krone (FOREX:BGNDKK)
Bull Market Weakness (+75) - BGNDKK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BGNDKK as it may be in the beginning stages of a reversal.
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 UP since Jan 15th, 2025 at 3.8148124
Smart Scan Analysis for BGNDKK
Based on our trend formula, BGNDKK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.8147151 | 3.8147151 | 3.8143743 | 3.8143743 | -0.0003410 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.8147151 | 2025-01-17 12:46:03 |