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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Danish Krone/Bulgarian Lev (FOREX:DKKBGN)
Bear Market Rally (-75) - DKKBGN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DKKBGN as it may be in the beginning of a reversal.
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 DOWN since Apr 16th, 2024 at 0.26214101
The intermediate-term trend has been DOWN since Mar 11th, 2024 at 0.26233721
The short-term trend has been UP since Apr 23rd, 2024 at 0.26215635
Smart Scan Analysis for DKKBGN
Based on our trend formula, DKKBGN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.26217826 | 0.26218973 | 0.26217738 | 0.26218230 | +0.00000400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.26217826 | 2024-04-24 02:54:13 |