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Forex Trend Analysis Report

Prepared for you on Saturday, July 13, 2024.

Danish Krone/Bulgarian Lev (FOREX:DKKBGN)

Strong Downtrend (-100) - DKKBGN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DKKBGN continues to fall. 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
0.26215155 0.26216566 0.26211712 0.26211940 -0.00003200
Entry Signal

MarketClub’s Trade Triangles for DKKBGN

long term down The long-term trend has been DOWN since Apr 16th, 2024 at 0.26214101

intermediate term down The intermediate-term trend has been DOWN since Jul 11th, 2024 at 0.26213117

short term down The short-term trend has been DOWN since Jul 2nd, 2024 at 0.26218828

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
0.26215155 0.26216566 0.26211712 0.26211940 -0.00003200
Prev. Close Volume Bid Ask Time
0.26215155 2024-07-12 16:01:52
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