Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
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.
MarketClub’s Trade Triangles for EURPGK
The long-term trend has been DOWN since Mar 23rd, 2020 at 3.6948
The intermediate-term trend has been UP since May 19th, 2020 at 3.7785
The short-term trend has been UP since May 15th, 2020 at 3.7706
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).