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.
MarketClub’s Trade Triangles for GBPPGK
The long-term trend has been DOWN since Mar 8th, 2023 at 4.2248570
The intermediate-term trend has been DOWN since Feb 7th, 2023 at 4.3203652
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).