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Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

Danish Krone/Bulgarian Lev (FOREX:DKKBGN)

Bear Market Rally (-75) - DKKBGN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DKKBGN as it may be in the beginning of a reversal.

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
0.26234351 0.26244201 0.26187103 0.26187103 -0.00047200
Entry Signal

MarketClub’s Trade Triangles for DKKBGN

long term down The long-term trend has been DOWN since Apr 17th, 2020 at 0.26146285

intermediate term up The intermediate-term trend has been UP since May 26th, 2020 at 0.26275884

short term down The short-term trend has been DOWN since May 29th, 2020 at 0.26210826

Smart Scan Analysis for DKKBGN

Based on our trend formula, DKKBGN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for DKKBGN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.26234351 0.26244201 0.26187103 0.26187103 -0.00047200
Prev. Close Volume Bid Ask Time
0.26234351 0.26086636 0.26287571 2020-05-29 17:18:37
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