Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Papua New Guinea Kina/Euro (FOREX:PGKEUR)
Bear Market Rally (-75) - PGKEUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on PGKEUR as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid PGKEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for PGKEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for PGKEUR
The long-term trend has been DOWN since Nov 6th, 2023 at 0.25016263
The intermediate-term trend has been UP since Apr 12th, 2024 at 0.24417413
The short-term trend has been DOWN since May 3rd, 2024 at 0.24157773
Smart Scan Analysis for PGKEUR
Based on our trend formula, PGKEUR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.24087917 | 0.24087917 | 0.24087917 | 0.24087917 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.24018465 | 2024-05-06 01:56:06 |