Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Euro/Papua New Guinea Kina (FOREX:EURPGK)
Bull Market Weakness (+75) - EURPGK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURPGK as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid EURPGK?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURPGK.
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 EURPGK
The long-term trend has been UP since Nov 6th, 2023 at 3.999
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 4.097
The short-term trend has been UP since May 3rd, 2024 at 4.141
Smart Scan Analysis for EURPGK
Based on our trend formula, EURPGK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
4.153 | 4.153 | 4.153 | 4.153 | 0.000 |
Prev. Close | Volume | Bid | Ask | Time |
4.165 | 2024-05-06 01:56:06 |