Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

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

Countertrend Up (+85) - AUDPGK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

FOREX_AUDPGK
Open High Low AUDPGK Price Change
2.5919463 2.5919463 2.5912336 2.5912336 -0.0007130
Entry Signal

MarketClub’s Trade Triangles for AUDPGK

long term up The long-term trend has been UP since Jun 3rd, 2020 at 2.2744978

intermediate term up The intermediate-term trend has been UP since Nov 4th, 2020 at 2.5237651

short term up The short-term trend has been UP since Nov 27th, 2020 at 2.5844063

Smart Scan Analysis for AUDPGK

Based on our trend formula, AUDPGK is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for AUDPGK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5919463 2.5919463 2.5912336 2.5912336 -0.0007130
Prev. Close Volume Bid Ask Time
2.6114437 2020-12-02 21:03:03
Get a free daily analysis and signals for Australian Dollar/Papua New Guinea Kina (AUDPGK) - Request Your Free Report.