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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

British Pound/Papua New Guinea Kina (FOREX:GBPPGK)

Countertrend Down (-85) - GBPPGK is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid GBPPGK?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPPGK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPPGK
Open High Low GBPPGK Price Change
4.8168869 4.8168869 4.8168869 4.8168869 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPPGK

long term down The long-term trend has been DOWN since Jul 2nd, 2021 at 4.8355911

intermediate term down The intermediate-term trend has been DOWN since Aug 17th, 2021 at 4.8596885

short term up The short-term trend has been UP since Oct 14th, 2021 at 4.7930087

Smart Scan Analysis for GBPPGK

Based on our trend formula, GBPPGK is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for GBPPGK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.8168869 4.8168869 4.8168869 4.8168869 0.0000000
Prev. Close Volume Bid Ask Time
4.8168869 2021-10-14 07:18:43
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