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Forex Trend Analysis Report

Prepared for you on Thursday, February 25, 2021.

Danish Krone/Bulgarian Lev (FOREX:DKKBGN)

Bull Market Weakness (+75) - DKKBGN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DKKBGN as it may be in the beginning stages 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.

FOREX_DKKBGN
Open High Low DKKBGN Price Change
0.26299016 0.26303351 0.26297619 0.26301103 +0.00002100
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 Feb 12th, 2021 at 0.26345098

short term down The short-term trend has been DOWN since Feb 23rd, 2021 at 0.26297285

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).

+75
Smart Scan Analysis for DKKBGN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.26299016 0.26303351 0.26297619 0.26301103 +0.00002100
Prev. Close Volume Bid Ask Time
0.26299016 2021-02-25 11:32:47
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