Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 8, 2025.
Bulgarian Lev/Danish Krone (FOREX:BGNDKK)
Weak Downtrend (-65) - BGNDKK is showing signs of a strengthening downtrend. Monitor BGNDKK as it may be building momentum to the downside.
Is it time to buy, sell, or avoid BGNDKK?
MarketClub looks at technical strength and momentum to determine if the timing is right for BGNDKK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for BGNDKK
The long-term trend has been UP since Oct 27th, 2024 at 3.8188757
The intermediate-term trend has been DOWN since May 2nd, 2025 at 3.8156484
The short-term trend has been DOWN since Apr 23rd, 2025 at 3.8172196
Smart Scan Analysis for BGNDKK
Based on our trend formula, BGNDKK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.8146179 | 3.8147611 | 3.8140555 | 3.8147611 | +0.0001430 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.8146179 | 2025-05-08 20:28:18 |