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Forex Trend Analysis Report

Prepared for you on Tuesday, October 26, 2021.

Danish Krone/Bulgarian Lev (FOREX:DKKBGN)

Crossroads (+60) - DKKBGN is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.26291894 0.26292955 0.26289082 0.26292955 +0.00001100
Entry Signal

MarketClub’s Trade Triangles for DKKBGN

long term down The long-term trend has been DOWN since Aug 2nd, 2021 at 0.26266189

intermediate term up The intermediate-term trend has been UP since Sep 22nd, 2021 at 0.26323115

short term up The short-term trend has been UP since Oct 22nd, 2021 at 0.26290412

Smart Scan Analysis for DKKBGN

Based on our trend formula, DKKBGN is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for DKKBGN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.26291894 0.26292955 0.26289082 0.26292955 +0.00001100
Prev. Close Volume Bid Ask Time
0.26291894 2021-10-26 07:04:54
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