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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

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.

FOREX_AUDPGK
Open High Low AUDPGK Price Change
2.4502316 2.4560489 2.4502316 2.4560489 +0.0058170
Entry Signal

MarketClub’s Trade Triangles for AUDPGK

long term up The long-term trend has been UP since Nov 6th, 2023 at 2.4094203

intermediate term down The intermediate-term trend has been DOWN since Apr 17th, 2024 at 2.4838552

short term up The short-term trend has been UP since Apr 23rd, 2024 at 2.4529840

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).

+55
Smart Scan Analysis for AUDPGK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4502316 2.4560489 2.4502316 2.4560489 +0.0058170
Prev. Close Volume Bid Ask Time
2.4502316 2024-04-23 21:01:43
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