Forex Trend Analysis Report
Prepared for you on Tuesday, November 24, 2020.
Euro/Papua New Guinea Kina (FOREX:EURPGK)
Countertrend Up (+85) - EURPGK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
MarketClub’s Trade Triangles for EURPGK
The long-term trend has been UP since Jun 10th, 2020 at 3.9240
The intermediate-term trend has been UP since Nov 16th, 2020 at 4.1561
The short-term trend has been UP since Nov 4th, 2020 at 4.1371
Smart Scan Analysis for EURPGK
Based on our trend formula, EURPGK is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).