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Forex Trend Analysis Report

Prepared for you on Monday, October 22, 2018.

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

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_PGKAUD
Open High Low PGKAUD Price Change
0.420585 0.420585 0.420585 0.420585 0.000000
Entry Signal

MarketClub’s Trade Triangles for PGKAUD

long term up The long term trend has been UP since Apr 1st, 2018 at 0.399380

intermediate term up The intermediate term trend has been UP since Oct 7th, 2018 at 0.420490

short term up The short term trend has been UP since Oct 2nd, 2018 at 0.416065

Smart Scan Analysis for PGKAUD

Based on a pre-defined weighted trend formula for chart analysis, PGKAUD scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+80
Smart Scan Analysis for PGKAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.420585 0.420585 0.420585 0.420585 0.000000
Prev. Close Volume Bid Ask Time
0.420585 0.411840 0.429330 2018-10-21 20:21:14
Want to analyze Papua New Guinea Kina/Australian Dollar PGKAUD or another symbol? Try our Free Forex Trend Analysis Report.