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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Danish Krone/Bulgarian Lev (FOREX:DKKBGN)

Sidelines Mode (-55) - DKKBGN 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 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.

FOREX_DKKBGN
Open High Low DKKBGN Price Change
0.26226773 0.26226773 0.26226773 0.26226773 0.00000000
Entry Signal

MarketClub’s Trade Triangles for DKKBGN

long term up The long-term trend has been UP since Feb 12th, 2024 at 0.26243740

intermediate term down The intermediate-term trend has been DOWN since Mar 11th, 2024 at 0.26233721

short term up The short-term trend has been UP since Mar 7th, 2024 at 0.26242314

Smart Scan Analysis for DKKBGN

Based on our trend formula, DKKBGN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for DKKBGN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.26226773 0.26226773 0.26226773 0.26226773 0.00000000
Prev. Close Volume Bid Ask Time
0.26226773 2024-03-19 03:53:46
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