Forex Trend Analysis Report
Prepared for you on Sunday, October 24, 2021.
Australian Dollar/Papua New Guinea Kina (FOREX:AUDPGK)
Sidelines Mode (+50) - AUDPGK is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until AUDPGK can gain momentum.
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 DOWN since Jun 29th, 2021 at 2.6668306
The intermediate-term trend has been UP since Oct 14th, 2021 at 2.5672464
The short-term trend has been UP since Oct 4th, 2021 at 2.5497286
Smart Scan Analysis for AUDPGK
Based on our trend formula, AUDPGK is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).