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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Euro/Papua New Guinea Kina (FOREX:EURPGK)

Sidelines Mode (+55) - EURPGK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
4.197 4.197 4.197 4.197 0.000
Entry Signal

MarketClub’s Trade Triangles for EURPGK

long term up The long-term trend has been UP since Nov 6th, 2023 at 3.999

intermediate term up The intermediate-term trend has been UP since Jul 9th, 2024 at 4.184

short term down The short-term trend has been DOWN since Jul 21st, 2024 at 4.266

Smart Scan Analysis for EURPGK

Based on our trend formula, EURPGK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for EURPGK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.197 4.197 4.197 4.197 0.000
Prev. Close Volume Bid Ask Time
4.197 2024-07-25 07:26:12
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