
Forex Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
Danish Krone/Bulgarian Lev (FOREX:DKKBGN)
Long-Term Uptrend (+90) - DKKBGN is in a strong uptrend that is likely to continue. While DKKBGN is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid DKKBGN?
MarketClub looks at technical strength and momentum to determine if the timing is right for DKKBGN.
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 DKKBGN
The long-term trend has been UP since May 24th, 2022 at 0.26330371
The intermediate-term trend has been UP since Jun 30th, 2022 at 0.26299123
The short-term trend has been UP since Aug 2nd, 2022 at 0.26277890
Smart Scan Analysis for DKKBGN
Based on our trend formula, DKKBGN is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Open | High | Low | Price | Change |
---|---|---|---|---|
0.26300963 | 0.26300963 | 0.26292828 | 0.26294349 | -0.00006600 |
Prev. Close | Volume | Bid | Ask | Time |
0.26300963 | 2022-08-16 21:03:37 |