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Forex Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

Euro/Papua New Guinea Kina (FOREX:EURPGK)

Sidelines Mode (+50) - EURPGK is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURPGK can gain momentum.

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.

FOREX_EURPGK
Open High Low EURPGK Price Change
3.6423 3.6423 3.6423 3.6423 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURPGK

long term down The long-term trend has been DOWN since Jul 2nd, 2021 at 4.1739

intermediate term up The intermediate-term trend has been UP since Jul 24th, 2022 at 3.6183

short term up The short-term trend has been UP since Aug 11th, 2022 at 3.6088

Smart Scan Analysis for EURPGK

Based on our trend formula, EURPGK is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for EURPGK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.6423 3.6423 3.6423 3.6423 0.0000
Prev. Close Volume Bid Ask Time
3.6423 2022-08-11 07:19:12
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