Forex Trend Analysis Report
Prepared for you on Thursday, February 27, 2020.
Australian Dollar/Papua New Guinea Kina (FOREX:AUDPGK)
Strong Downtrend (-100) - AUDPGK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 Jan 28th, 2020 at 2.3021981
The intermediate-term trend has been DOWN since Jan 24th, 2020 at 2.3384073
The short-term trend has been DOWN since Feb 10th, 2020 at 2.3041624
Smart Scan Analysis for AUDPGK
Based on our trend formula, AUDPGK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).