Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, September 26, 2023.

Danish Krone/Bulgarian Lev (FOREX:DKKBGN)

Long-Term Downtrend (-90) - DKKBGN is in a strong downtrend that is likely to continue. While DKKBGN is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
0.26225771 0.26230555 0.26225472 0.26230555 +0.00004800
Entry Signal

MarketClub’s Trade Triangles for DKKBGN

long term down The long-term trend has been DOWN since Mar 31st, 2023 at 0.26167598

intermediate term down The intermediate-term trend has been DOWN since Jul 19th, 2023 at 0.26245589

short term down The short-term trend has been DOWN since Sep 22nd, 2023 at 0.26233291

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).

-90
Smart Scan Analysis for DKKBGN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.26225771 0.26230555 0.26225472 0.26230555 +0.00004800
Prev. Close Volume Bid Ask Time
0.26225771 2023-09-26 14:10:35
Get a free daily analysis and signals for Danish Krone/Bulgarian Lev (DKKBGN) - Request Your Free Report.