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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Australian Dollar/Papua New Guinea Kina (FOREX:AUDPGK)
Long-Term Uptrend (+90) - AUDPGK is in a strong uptrend that is likely to continue. While AUDPGK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid AUDPGK?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDPGK.
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 AUDPGK
The long-term trend has been UP since Nov 6th, 2023 at 2.4094203
The intermediate-term trend has been UP since May 3rd, 2024 at 2.5394427
The short-term trend has been UP since May 3rd, 2024 at 2.5215329
Smart Scan Analysis for AUDPGK
Based on our trend formula, AUDPGK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.5523938 | 2.5523938 | 2.5523938 | 2.5523938 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.5474863 | 2024-05-06 01:56:06 |