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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.

FOREX_AUDPGK
Open High Low AUDPGK Price Change
2.4271 2.4271 2.4271 2.4271 0.0000
Entry Signal

MarketClub’s Trade Triangles for AUDPGK

long term down The long term trend has been DOWN since Jan 2nd, 2019 at 2.36205

intermediate term up The intermediate term trend has been UP since Jan 10th, 2019 at 2.41165

short term up 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).

+70
Smart Scan Analysis for AUDPGK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4271 2.4271 2.4271 2.4271 0.0000
Prev. Close Volume Bid Ask Time
2.4271 2.3769 2.4773 2019-01-14 20:59:18
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