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Forex Trend Analysis Report
Prepared for you on Wednesday, March 12, 2025.
Bulgarian Lev/Danish Krone (FOREX:BGNDKK)
Sidelines Mode (+55) - BGNDKK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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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 Feb 4th, 2025 at 3.8139781
The short-term trend has been UP since Mar 4th, 2025 at 3.8137110
Smart Scan Analysis for BGNDKK
Based on our trend formula, BGNDKK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.8134157 | 3.8138984 | 3.8133338 | 3.8134208 | +0.0000050 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.8134157 | 2025-03-11 21:49:19 |