Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, March 21, 2023.

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

Bear Market Rally (-75) - GBPPGK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPPGK as it may be in the beginning of a reversal.

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
4.276451 4.276451 4.276451 4.276451 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPPGK

long term down The long-term trend has been DOWN since Mar 8th, 2023 at 4.2248570

intermediate term down The intermediate-term trend has been DOWN since Feb 7th, 2023 at 4.3203652

short term up The short-term trend has been UP since Mar 15th, 2023 at 4.2313117

Smart Scan Analysis for GBPPGK

Based on our trend formula, GBPPGK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for GBPPGK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.276451 4.276451 4.276451 4.276451 0.000000
Prev. Close Volume Bid Ask Time
4.275768 2023-03-17 13:33:47
Get a free daily analysis and signals for British Pound/Papua New Guinea Kina (GBPPGK) - Request Your Free Report.