Forex Trend Analysis Report
Prepared for you on Monday, November 30, 2020.
Danish Krone/Bulgarian Lev (FOREX:DKKBGN)
Strong Uptrend (+100) - DKKBGN is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, DKKBGN 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 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.
MarketClub’s Trade Triangles for DKKBGN
The long-term trend has been UP since Nov 5th, 2020 at 0.26380174
The intermediate-term trend has been UP since Nov 5th, 2020 at 0.26332101
The short-term trend has been UP since Nov 20th, 2020 at 0.26264149
Smart Scan Analysis for DKKBGN
Based on our trend formula, DKKBGN is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).