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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.
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MarketClub’s Trade Triangles for GBPPGK
The long-term trend has been DOWN since Jul 2nd, 2021 at 4.8355911
The intermediate-term trend has been DOWN since Aug 17th, 2021 at 4.8596885
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).
| 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 |