Forex Trend Analysis Report
Prepared for you on Tuesday, March 9, 2021.
Australian Dollar/Papua New Guinea Kina (FOREX:AUDPGK)
Sidelines Mode (+55) - AUDPGK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for AUDPGK
The long-term trend has been UP since Jun 3rd, 2020 at 2.2744978
The intermediate-term trend has been UP since Feb 12th, 2021 at 2.7460832
The short-term trend has been DOWN since Mar 5th, 2021 at 2.7908536
Smart Scan Analysis for AUDPGK
Based on our trend formula, AUDPGK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).