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Forex Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

Danish Krone/Bulgarian Lev (FOREX:DKKBGN)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_DKKBGN
Open High Low DKKBGN Price Change
0.26178764 0.26178764 0.26172524 0.26175674 -0.00003100
Entry Signal

MarketClub’s Trade Triangles for DKKBGN

long term down The long term trend has been DOWN since Jul 17th, 2019 at 0.26158500

intermediate term down The intermediate term trend has been DOWN since Dec 2nd, 2019 at 0.26167487

short term down The short term trend has been DOWN since Dec 2nd, 2019 at 0.26174216

Smart Scan Analysis for DKKBGN

Based on a pre-defined weighted trend formula for chart analysis, DKKBGN scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-80
Smart Scan Analysis for DKKBGN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.26178764 0.26178764 0.26172524 0.26175674 -0.00003100
Prev. Close Volume Bid Ask Time
0.26178764 0.26075302 0.26276046 2019-12-06 16:27:44
Want to analyze Danish Krone/Bulgarian Lev DKKBGN or another symbol? Try our Free Forex Trend Analysis Report.