Forex Trend Analysis Report
Prepared for you on Tuesday, January 15, 2019.
Australian Dollar/Papua New Guinea Kina (FOREX:AUDPGK)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for AUDPGK
The long term trend has been DOWN since Jan 2nd, 2019 at 2.36205
The intermediate term trend has been UP since Jan 10th, 2019 at 2.41165
The short term trend has been UP since Jan 7th, 2019 at 2.37130
Smart Scan Analysis for AUDPGK
Based on a pre-defined weighted trend formula for chart analysis, AUDPGK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).