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Forex Trend Analysis Report

Prepared for you on Monday, March 18, 2024.

US Dollar/Papua New Guinea Kina (FOREX:USDPGK)

Bull Market Weakness (+75) - USDPGK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDPGK as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid USDPGK?

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

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

FOREX_USDPGK
Open High Low USDPGK Price Change
3.7695528 3.8197500 3.7695528 3.8197500 +0.0501970
Entry Signal

MarketClub’s Trade Triangles for USDPGK

long term up The long-term trend has been UP since Jun 19th, 2023 at 3.5960441

intermediate term up The intermediate-term trend has been UP since Mar 8th, 2024 at 3.8175193

short term down The short-term trend has been DOWN since Mar 11th, 2024 at 3.8000192

Smart Scan Analysis for USDPGK

Based on our trend formula, USDPGK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for USDPGK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.7695528 3.8197500 3.7695528 3.8197500 +0.0501970
Prev. Close Volume Bid Ask Time
3.7695528 2024-03-18 10:55:30
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