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Forex Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

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

Bear Market Rally (-75) - AUDPGK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on AUDPGK as it may be in the beginning of a reversal.

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
2.4495275 2.4495275 2.4495275 2.4495275 0.0000000
Entry Signal

MarketClub’s Trade Triangles for AUDPGK

long term down The long-term trend has been DOWN since May 11th, 2022 at 2.4924939

intermediate term up The intermediate-term trend has been UP since Jul 24th, 2022 at 2.4359013

short term down The short-term trend has been DOWN since Aug 17th, 2022 at 2.4565452

Smart Scan Analysis for AUDPGK

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

-75
Smart Scan Analysis for AUDPGK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4495275 2.4495275 2.4495275 2.4495275 0.0000000
Prev. Close Volume Bid Ask Time
2.4495275 2022-08-17 07:25:08
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