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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 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.
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MarketClub’s Trade Triangles for DKKBGN
The long-term trend has been DOWN since Oct 27th, 2024 at 0.26186103
The intermediate-term trend has been DOWN since Dec 24th, 2024 at 0.26209382
The short-term trend has been DOWN since Dec 24th, 2024 at 0.26209382
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.26217316 | 0.26218657 | 0.26217316 | 0.26218657 | +0.00001300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.26217316 | 2024-12-25 04:48:05 |