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Forex Trend Analysis Report

Prepared for you on Friday, April 12, 2024.

Danish Krone/Bulgarian Lev (FOREX:DKKBGN)

Weak Downtrend (-65) - DKKBGN is showing signs of a strengthening downtrend. Monitor DKKBGN as it may be building momentum to the downside.

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
0.26218973 0.26218973 0.26215190 0.26216842 -0.00002100
Entry Signal

MarketClub’s Trade Triangles for DKKBGN

long term up The long-term trend has been UP since Feb 12th, 2024 at 0.26243740

intermediate term down The intermediate-term trend has been DOWN since Mar 11th, 2024 at 0.26233721

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 0.26219074

Smart Scan Analysis for DKKBGN

Based on our trend formula, DKKBGN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for DKKBGN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.26218973 0.26218973 0.26215190 0.26216842 -0.00002100
Prev. Close Volume Bid Ask Time
0.26218973 2024-04-12 09:53:26
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