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Forex Trend Analysis Report
Prepared for you on Friday, October 4, 2024.
Danish Krone/Bulgarian Lev (FOREX:DKKBGN)
Countertrend Up (+85) - DKKBGN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Sep 24th, 2024 at 0.26229363
The intermediate-term trend has been UP since Aug 16th, 2024 at 0.26216074
The short-term trend has been DOWN since Oct 1st, 2024 at 0.26225613
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 |
|---|---|---|---|---|
| 0.26220849 | 0.26220994 | 0.26217597 | 0.26219553 | -0.00001300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.26220849 | 2024-10-03 22:32:25 |