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.
MarketClub’s Trade Triangles for DKKBGN
The long-term trend has been UP since Dec 3rd, 2021 at 0.26336191
The intermediate-term trend has been DOWN since Dec 23rd, 2021 at 0.26296451
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).