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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Bulgarian Lev/Danish Krone (FOREX:BGNDKK)
Strong Uptrend (+100) - BGNDKK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, BGNDKK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Oct 15th, 2024 at 3.8149290
The short-term trend has been UP since Nov 12th, 2024 at 3.8138970
Smart Scan Analysis for BGNDKK
Based on our trend formula, BGNDKK is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.8143929 | 3.8143929 | 3.8143929 | 3.8143929 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.8143929 | 2024-11-20 01:29:24 |