Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
British Pound/Papua New Guinea Kina (FOREX:GBPPGK)
Weak Downtrend (-65) - GBPPGK is showing signs of a strengthening downtrend. Monitor GBPPGK as it may be building momentum to the downside.
Is it time to buy, sell, or avoid GBPPGK?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPPGK.
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 GBPPGK
The long-term trend has been DOWN since Apr 22nd, 2024 at 4.7056764
The intermediate-term trend has been DOWN since Apr 17th, 2024 at 4.7743071
The short-term trend has been UP since Apr 30th, 2024 at 4.8297178
Smart Scan Analysis for GBPPGK
Based on our trend formula, GBPPGK is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
4.840947 | 4.840947 | 4.840947 | 4.840947 | 0.000000 |
Prev. Close | Volume | Bid | Ask | Time |
4.832017 | 2024-05-06 01:56:06 |