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Forex Trend Analysis Report
Prepared for you on Wednesday, December 4, 2024.
Euro/Papua New Guinea Kina (FOREX:EURPGK)
Countertrend Down (-85) - EURPGK is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid EURPGK?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURPGK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for EURPGK
The long-term trend has been DOWN since Nov 21st, 2024 at 4.238
The intermediate-term trend has been DOWN since Nov 12th, 2024 at 4.272
The short-term trend has been UP since Dec 1st, 2024 at 4.249
Smart Scan Analysis for EURPGK
Based on our trend formula, EURPGK is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.261 | 4.261 | 4.261 | 4.261 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.261 | 2024-12-01 21:06:31 |