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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Danish Krone/Bulgarian Lev (FOREX:DKKBGN)
Countertrend Down (-85) - DKKBGN is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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 Apr 16th, 2024 at 0.26214101
The intermediate-term trend has been DOWN since Jul 11th, 2024 at 0.26213117
The short-term trend has been UP since Jul 24th, 2024 at 0.26214136
Smart Scan Analysis for DKKBGN
Based on our trend formula, DKKBGN is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.26207076 | 0.26210242 | 0.26207076 | 0.26209236 | +0.00002200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.26207076 | 2024-07-26 10:37:33 |