Forex Trend Analysis Report
Prepared for you on Thursday, February 27, 2020.
British Pound/Papua New Guinea Kina (FOREX:GBPPGK)
Crossroads (-60) - GBPPGK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 UP since Oct 17th, 2019 at 4.2969500
The intermediate-term trend has been DOWN since Dec 23rd, 2019 at 4.4200282
The short-term trend has been DOWN since Feb 5th, 2020 at 4.4739298
Smart Scan Analysis for GBPPGK
Based on our trend formula, GBPPGK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).