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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Papua New Guinea Kina/US Dollar (FOREX:PGKUSD)
Countertrend Down (-85) - PGKUSD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid PGKUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for PGKUSD.
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 PGKUSD
The long-term trend has been DOWN since Feb 21st, 2023 at 0.28023040
The intermediate-term trend has been DOWN since Jan 10th, 2024 at 0.26675379
The short-term trend has been UP since May 5th, 2024 at 0.25921026
Smart Scan Analysis for PGKUSD
Based on our trend formula, PGKUSD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.25920887 | 0.25920887 | 0.25920887 | 0.25920887 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.25803157 | 2024-05-06 01:56:06 |