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Forex Trend Analysis Report

Prepared for you on Tuesday, January 18, 2022.

Danish Krone/Bulgarian Lev (FOREX:DKKBGN)

Crossroads (-60) - DKKBGN is struggling to move into a solid trend. Beware of choppy markets 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
0.26280729 0.26282498 0.26276807 0.26282109 +0.00001400
Entry Signal

MarketClub’s Trade Triangles for DKKBGN

long term up The long-term trend has been UP since Dec 3rd, 2021 at 0.26336191

intermediate term down The intermediate-term trend has been DOWN since Dec 23rd, 2021 at 0.26296451

short term down The short-term trend has been DOWN since Jan 10th, 2022 at 0.26288109

Smart Scan Analysis for DKKBGN

Based on our trend formula, DKKBGN is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for DKKBGN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.26280729 0.26282498 0.26276807 0.26282109 +0.00001400
Prev. Close Volume Bid Ask Time
0.26280729 2022-01-18 08:11:48
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