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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.

FOREX_DKKBGN
Open High Low DKKBGN Price Change
0.26277090 0.26286420 0.26271952 0.26277570 +0.00000500
Entry Signal

MarketClub’s Trade Triangles for DKKBGN

long term up The long-term trend has been UP since Nov 5th, 2020 at 0.26380174

intermediate term up The intermediate-term trend has been UP since Nov 5th, 2020 at 0.26332101

short term up 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).

+100
Smart Scan Analysis for DKKBGN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.26277090 0.26286420 0.26271952 0.26277570 +0.00000500
Prev. Close Volume Bid Ask Time
0.26277090 2020-11-30 18:19:12
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