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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Papua New Guinea Kina/Australian Dollar (FOREX:PGKAUD)

Countertrend Down (-85) - PGKAUD 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 PGKAUD?

MarketClub looks at technical strength and momentum to determine if the timing is right for PGKAUD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_PGKAUD
Open High Low PGKAUD Price Change
0.40372474 0.40372474 0.40372474 0.40372474 0.00000000
Entry Signal

MarketClub’s Trade Triangles for PGKAUD

long term down The long-term trend has been DOWN since Nov 6th, 2023 at 0.41520442

intermediate term down The intermediate-term trend has been DOWN since Feb 25th, 2024 at 0.40192102

short term up The short-term trend has been UP since Mar 18th, 2024 at 0.40152230

Smart Scan Analysis for PGKAUD

Based on our trend formula, PGKAUD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for PGKAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.40372474 0.40372474 0.40372474 0.40372474 0.00000000
Prev. Close Volume Bid Ask Time
0.40136930 2024-03-18 08:25:59
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