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Forex Trend Analysis Report
Prepared for you on Friday, June 2, 2023.
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.
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MarketClub’s Trade Triangles for BGNDKK
The long-term trend has been UP since Mar 31st, 2023 at 3.8215767
The intermediate-term trend has been DOWN since Apr 21st, 2023 at 3.8068860
The short-term trend has been DOWN since May 29th, 2023 at 3.8076016
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.8085389 | 3.8087512 | 3.8077711 | 3.8077711 | -0.0007680 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.8085389 | 2023-06-02 12:13:16 |