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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.
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MarketClub’s Trade Triangles for EURPGK
The long-term trend has been DOWN since Jul 2nd, 2021 at 4.1739
The intermediate-term trend has been UP since Jul 24th, 2022 at 3.6183
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).
| 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 |